Deutsche Bank Maintains Buy on BlackRock, Lowers Price Target to $912
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brian Bedell maintains a Buy rating on BlackRock (NYSE:BLK) but lowers the price target from $924 to $912.
July 16, 2024 | 4:13 pm
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NEUTRAL IMPACT
Deutsche Bank analyst Brian Bedell maintains a Buy rating on BlackRock but lowers the price target from $924 to $912.
The maintained Buy rating suggests continued confidence in BlackRock's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100