Goldman Sachs analyst Alexander Blostein raised the firm’s price target on BlackRock (BLK) to $1,313 from $1,181 and keeps a Buy rating on the shares. BlackRock should generate mid-teens EPS growth over the coming years assuming a normal markets backdrop and there should be positive EPS revisions for 2026/2027 that will clear the path for the stock to re-rate closer to its historical averages, the analyst tells investors in a research note.
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