Morgan Stanley Maintains Overweight on BlackRock, Raises Price Target to $888
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 $881 to $888.
July 18, 2023 | 1:44 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on BlackRock and raised the price target, which could positively impact the stock.
The Overweight rating maintained by Morgan Stanley indicates a positive outlook for BlackRock. The increase in the price target from $881 to $888 suggests that the analyst sees further upside potential in the stock, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100