JP Morgan Maintains Overweight on BlackRock, Lowers Price Target to $770
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Kenneth Worthington maintains an Overweight rating on BlackRock (NYSE:BLK) and lowers the price target from $780 to $770.
July 03, 2023 | 1:24 pm
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JP Morgan maintains an Overweight rating on BlackRock and lowers the price target from $780 to $770.
The news is directly about BlackRock and its rating by JP Morgan. The lowering of the price target might indicate a slightly less optimistic outlook, but the maintained Overweight rating suggests that JP Morgan still sees BlackRock as a good investment. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100