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Investing in Evercore Inc (EVR) Is Getting More Attractive

In a filing, Evercore Inc revealed its Director HYMAN EDWARD S acquired Company’s shares for reported $1.42 million on Mar 05 ’25. In the deal valued at $218.79 per share,6,500 shares were bought.

Then, HYMAN EDWARD S bought 52,847 shares, generating $11,575,607 in total proceeds.

Before that, HYMAN EDWARD S bought 16,300 shares. Evercore Inc shares valued at $3,905,969 were divested by the Director at a price of $239.63 per share.

Keefe Bruyette upgraded its Evercore Inc [EVR] rating to an Outperform from a a Mkt perform in a research note published on December 20, 2024; the price target was increased to $339 from $269. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid September with a ‘”an Equal weight”‘ rating. Goldman also remained covering EVR and has increased its forecast on September 11, 2024 with a “Buy” recommendation from previously “Neutral” rating.

Price Performance Review of EVR

On Monday, Evercore Inc [NYSE:EVR] saw its stock jump 4.83% to $216.84. Over the last five days, the stock has gained 6.23%. Evercore Inc shares have fallen nearly -21.77% since the year began. Nevertheless, the stocks have risen 12.85% over the past one year. While a 52-week high of $324.06 was reached on 02/05/25, a 52-week low of $175.24 was recorded on 03/10/25. SMA at 50 days reached $250.66, while 200 days put it at $253.18.

Levels Of Support And Resistance For EVR Stock

The 24-hour chart illustrates a support level at 210.78, which if violated will result in even more drops to 204.72. On the upside, there is a resistance level at 220.62. A further resistance level may holdings at 224.40. The Relative Strength Index (RSI) on the 14-day chart is 44.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.21, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.11%. Stochastics %K at 55.55% indicates the stock is a holding.

How much short interest is there in Evercore Inc?

A steep rise in short interest was recorded in Evercore Inc stocks on 2025-02-28, growing by 0.23 million shares to a total of 1.17 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.94 million shares. There was a rise of 19.61%, which implies that there is a positive sentiment for the stock.

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