Wells Fargo Maintains Overweight on BlackRock, Raises Price Target to $1070
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Brown has maintained an Overweight rating on BlackRock and increased the price target from $1000 to $1070.
October 09, 2024 | 3:20 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on BlackRock and increased the price target to $1070, indicating confidence in the company's future performance.
The increase in price target from $1000 to $1070 by Wells Fargo suggests a positive outlook on BlackRock's future performance. The Overweight rating indicates that the analyst expects BlackRock to outperform its peers, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100