Evercore Stock Soars Nearly 38% in 6 Months: Is There More Room to Run?

Key Takeaways Evercore shares jumped 37.9% in six months, beating the industry and key peers.Strong investment banking momentum and a solid liquidity base support performance.Rising expenses and weak Investment Management remain near-term challenges. Evercore Inc.’s (EVR) shares have rallied 37.9% in the past six months, outperforming the industry’s 22% and the S&P 500 Index’s 18.3%. Further, EVR’s price performance has been better than that of its peers, Moelis & Company (MC) and Stifel Financial Corp. (SF ...