Initiated Outperform X

HLI Houlihan Lokey

BMO Capital Markets

$230

Upgrades Underweight Overweight X

HLI Houlihan Lokey

Morgan Stanley

$201 $190

Upgrades Underweight Overweight X

HLI Houlihan Lokey

Wells Fargo

$180 $179

Downgrades Eq-Weight Underweight X

HLI Houlihan Lokey

Morgan Stanley

$171 $200

Initiated Underweight X

HLI Houlihan Lokey

Wells Fargo

$149

Resumed Mkt Perform X

HLI Houlihan Lokey

Keefe Bruyette

Upgrades Underweight Eq-Weight X

HLI Houlihan Lokey

Morgan Stanley

$95 $82

Downgrades Neutral Underweight X

HLI Houlihan Lokey

Piper Sandler

$92 $76

Upgrades Neutral Buy X

HLI Houlihan Lokey

Goldman

$116 $126

Upgrades Neutral Buy X

HLI Houlihan Lokey

UBS

$120 $116

Upgrades Underperform Mkt Perform X

HLI Houlihan Lokey

Keefe Bruyette

$86 $110

Downgrades Mkt Perform Underperform X

HLI Houlihan Lokey

Keefe Bruyette

$80

Downgrades Buy Neutral X

HLI Houlihan Lokey

Goldman

$82 $73

Downgrades Peer Perform Underperform X

HLI Houlihan Lokey

Wolfe Research

$57 $63

Downgrades Mkt Outperform Mkt Perform X

HLI Houlihan Lokey

JMP Securities

Upgrades Neutral Buy X

HLI Houlihan Lokey

Goldman

$44 $52

Upgrades Neutral Buy X

HLI Houlihan Lokey

BofA/Merrill

Resumed Outperform X

HLI Houlihan Lokey

Keefe Bruyette

Initiated Neutral X

HLI Houlihan Lokey

Goldman

Initiated Buy X

HLI Houlihan Lokey

Buckingham Research

$54

HLI  Houlihan Lokey, Inc. Class A

Houlihan Lokey, Inc. is a global independent investment bank that focuses on mergers and acquisitions (M&A), capital markets, financial restructuring, valuation, and strategic consulting. The Company operates through four segments: Corporate Finance, Financial Restructuring, Financial Advisory Services and Strategic Consulting. The Company provides financial professionals with an integrated platform that enables them to deliver advice to its clients. The Corporate Finance activities include two categories: M&A and capital markets advisory. The Financial Advisory Services segment includes financial opinions, and a range of valuation and financial consulting services in the United States. The Financial Restructuring segment provides advice to debtors and creditors. The Strategic Consulting segment thinks beyond traditional business models to help companies compete in new ways and exploit opportunities to achieve profitable growth.