Evercore Inc. shares rose 4.52% and reached a 52-week high amid positive market conditions, with the Nasdaq-100 and S&P 500 both showing gains.
The increase in Evercore's stock price is attributed to the appointment of Kaan Kesedar as Senior Managing Director in the Financial Sponsors Group. This strategic move is expected to enhance service capabilities for private equity clients and capitalize on increasing market activity, as highlighted by Matthew Lindsey-Clark, co-head of Evercore's EMEA investment banking business.
The addition of Kesedar, who brings nearly 20 years of investment banking experience, is anticipated to strengthen Evercore's market competitiveness and service quality, reflecting the firm's commitment to growth in the financial sponsors sector.
Wall Street analysts forecast EVR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVR is 389.87 USD with a low forecast of 342.36 USD and a high forecast of 425.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast EVR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVR is 389.87 USD with a low forecast of 342.36 USD and a high forecast of 425.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 363.180
Low
342.36
Averages
389.87
High
425.00
Current: 363.180
Low
342.36
Averages
389.87
High
425.00
BofA
NULL -> Buy
initiated
$435
2026-01-26
New
Reason
BofA
Price Target
$435
AI Analysis
2026-01-26
New
initiated
NULL -> Buy
Reason
BofA initiated coverage of Evercore with a Buy rating and $435 price target. The firm, which expects record M&A activity in 2026, views Evercore "in a category of one" among the boutique investment banks given its top ranking on M&A league tables combined with a leading private capital franchise, the analyst tells investors while initiating coverage on the boutique investment banks.
Keefe Bruyette
NULL -> Outperform
maintain
$396 -> $425
2026-01-08
Reason
Keefe Bruyette
Price Target
$396 -> $425
2026-01-08
maintain
NULL -> Outperform
Reason
Keefe Bruyette raised the firm's price target on Evercore to $425 from $396 and keeps an Outperform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for EVR
Unlock Now
UBS
Michael Brown
Neutral
maintain
$340 -> $363
2026-01-07
Reason
UBS
Michael Brown
Price Target
$340 -> $363
2026-01-07
maintain
Neutral
Reason
UBS analyst Michael Brown raised the firm's price target on Evercore to $363 from $340 and keeps a Neutral rating on the shares.
Wolfe Research
Outperform
maintain
$367 -> $406
2026-01-07
Reason
Wolfe Research
Price Target
$367 -> $406
2026-01-07
maintain
Outperform
Reason
Wolfe Research raised the firm's price target on Evercore to $406 from $367 and keeps an Outperform rating on the shares as part of the firm's Top 10 Themes for 2026 note on the Banks, Brokers, and Alternative Managers. Heading into 2026, the firm notes Retail Brokers and Alts are its favorite subsectors and names Evercore as one of its top picks in the sector.
About EVR
Evercore Inc. is an investment banking and investment management company. The Company's segment includes Investment Banking & Equities and Investment Management. Investment Banking & Equities includes the investment banking business through which it provides advice to clients on significant mergers, acquisitions, divestitures, shareholder activism, and other strategic corporate transactions, with a particular focus on advising multinational corporations and private equity firms on large, complex transactions. It also provides liability management and restructuring advice to companies in financial transition, as well as to creditors, shareholders, and potential acquirers. Investment Management includes the wealth management business, through which it provides investment advisory, wealth management and fiduciary services for high-net-worth individuals and associated entities, and the private equity business, which holds interests in private equity funds not managed by the Company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.