Morgan Stanley Maintains Overweight on BlackRock, Raises Price Target to $897
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 $836 to $897.
October 16, 2023 | 12:23 pm
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Morgan Stanley has maintained an Overweight rating on BlackRock and raised the price target, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in BlackRock's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100