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Understanding the Risks of Investing in Evercore Inc (EVR)

Evercore Inc’s recently made public that 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.

Citizens JMP upgraded its Evercore Inc [EVR] rating to a Mkt outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early April from “an Overweight” to “an Equal-weight”. Keefe Bruyette also remained covering EVR and has increased its forecast on December 20, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Wells Fargo started covering the stock on September 12, 2024. It rated EVR as “an Equal weight”.

Price Performance Review of EVR

On Friday, Evercore Inc [NYSE:EVR] saw its stock jump 1.82% to $241.58. Over the last five days, the stock has gained 11.38%. Evercore Inc shares have fallen nearly -12.85% since the year began. Nevertheless, the stocks have risen 23.34% over the past one year. While a 52-week high of $324.06 was reached on 02/05/25, a 52-week low of $148.63 was recorded on 04/07/25. SMA at 50 days reached $200.25, while 200 days put it at $250.02.

Levels Of Support And Resistance For EVR Stock

The 24-hour chart illustrates a support level at 237.76, which if violated will result in even more drops to 233.94. On the upside, there is a resistance level at 243.97. A further resistance level may holdings at 246.37. The Relative Strength Index (RSI) on the 14-day chart is 71.14, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 20.32, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.67%. Stochastics %K at 93.72% indicates the stock is a selling.

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