Morgan Stanley Maintains Overweight on BlackRock, Raises Price Target to $881
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Mike Cyprys has maintained an Overweight rating on BlackRock (NYSE:BLK) and raised the price target from $861 to $881.
July 12, 2023 | 12:58 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on BlackRock and raised the price target from $861 to $881, which could positively impact the stock.
The Overweight rating maintained by Morgan Stanley indicates a positive outlook for BlackRock. The increase in price target from $861 to $881 suggests that the analyst believes the stock has potential for further growth, which could lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100