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Stock impact report

1 of Wall Street's Favorite Stock Worth Investigating and 2 Facing Headwinds [Yahoo! Finance]

BlackLine, Inc. (BL) 
NASDAQ:AMEX Investor Relations: investors.blackline.com
Company Research Source: Yahoo! Finance
However, it's worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover. Unlike the investment banks, we created StockStory to provide independent analysis that helps you determine which companies are truly worth following. Keeping that in mind, here is one stock likely to meet or exceed Wall Street's lofty expectations and two where analysts may be overlooking some important risks. Two Stocks to Sell: BlackLine (BL) Consensus Price Target: $55.23 (52.2% implied return) Born from the vision to eliminate tedious manual spreadsheet work for accountants, BlackLine (NASDAQ:BL) provides cloud-based software that automates and streamlines financial close, intercompany accounting, and invoice-to-cash processes for accounting departments. Why Are We Wary of BL? Average billings growth of 8.5% over the last year was subpar, suggesting it struggled to push its software and might have to lower Show less Read more
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