BlackRock shares are trading higher after Keefe, Bruyette & Woods upgraded the stock from Market Perform to Outperform and raised its price target from $770 to $835.
Portfolio Pulse from Benzinga Newsdesk
BlackRock's stock has been upgraded from Market Perform to Outperform by Keefe, Bruyette & Woods, which also raised its price target from $770 to $835. This has resulted in BlackRock shares trading higher.
July 10, 2023 | 2:07 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BlackRock's stock has been upgraded and its price target raised, leading to an increase in share trading.
The upgrade from Market Perform to Outperform by Keefe, Bruyette & Woods, along with the raised price target, indicates a positive outlook for BlackRock. This has led to increased trading of BlackRock shares, suggesting a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100