A Closer Look at 16 Analyst Recommendations For BlackRock
Portfolio Pulse from Benzinga Insights
In the past three months, 16 analysts have evaluated BlackRock (NYSE:BLK), with a mix of bullish and bearish opinions. The average 12-month price target has increased by 6.17% to $1023.88. Analysts have raised their ratings and price targets, reflecting a positive sentiment shift. BlackRock, the largest asset manager globally, has shown revenue growth but faces challenges in profitability and asset utilization.
October 21, 2024 | 6:00 pm
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Analysts have shown a positive sentiment shift towards BlackRock, with raised ratings and price targets. The average 12-month price target has increased by 6.17% to $1023.88, indicating optimism about BlackRock's future performance.
The article highlights a positive shift in analyst sentiment towards BlackRock, with several analysts raising their ratings and price targets. This suggests increased confidence in BlackRock's future performance, likely leading to a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100