JP Morgan Maintains Neutral on BlackRock, Raises Price Target to $914
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington maintains a Neutral rating on BlackRock (NYSE:BLK) but raises the price target from $864 to $914.
October 21, 2024 | 2:13 pm
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JP Morgan has maintained its Neutral rating on BlackRock but increased the price target from $864 to $914, indicating a positive outlook on the stock's potential value.
The increase in the price target suggests that JP Morgan sees potential for BlackRock's stock to appreciate, which is a positive signal for investors. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100