Envestnet (ENV) Upgraded by Zacks Investment Research to Buy
Summary
Envestnet focuses its technology development efforts and its sales and marketing approach on addressing financial advisors’ front, middle and back office needs.UBS Group lifted their price objective on Envestnet from $62.00 to $68.00 and gave the stock a buy rating in a research report on Friday, August 10th.Finally, DA Davidson lifted their price objective on Envestnet to $56.00 and gave the stock an average rating in a research report on Thursday, July 5th.Envestnet, Inc, together with its subsidiaries, provides intelligent systems for wealth management and financial wellness in the United States and internationally.The companys product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; Envestnet | Retirement Solutions, which offer a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provide research, due diligence, and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services.
Classifications
AskAI Classifications
LabelsLinked Companies
