Blackline Safety Corp (BLN) Stock Rating Lowered by Raymond James Financial, Inc.
Blackline Safety Corp (TSE:BLN) was downgraded by equities research analysts at Raymond James Financial, Inc. from a “strong-buy” rating to a “market perform” rating in a report issued on Monday. They currently have a C$4.50 price objective on the stock.
In related news, Director Robert Herdman sold 13,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of C$4.50, for a total transaction of C$58,500.00. In the last quarter, insiders bought 18,960 shares of company stock worth $77,101.
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