UBS Maintains Neutral on BlackRock, Raises Price Target to $818
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has maintained a Neutral rating on BlackRock (NYSE:BLK) and increased the price target from $720 to $818.

January 10, 2024 | 1:27 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
UBS has maintained a Neutral rating on BlackRock and raised the price target to $818, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests an improved valuation of BlackRock, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the neutral rating indicates that the analyst does not see significant momentum beyond the revised target, tempering the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100