BofA raised the firm’s price target on BlackRock (BLK) to $1,467 from $1,431 and keeps a Buy rating on the shares. Following the company’s quarterly report, the firm raised its Q1, 2026, 2027 and 2028 EPS estimates, driven by an increase in management fees and performance fees, offset by a lower operating margin.
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Read More on BLK:
- BlackRock: Compounding Secular Growth at a Discounted Valuation Supports Overweight Rating and 34% Upside
- BlackRock price target raised to $1,380 from $1,296 at Deutsche Bank
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- BlackRock price target raised to $1,340 from $1,310 at Keefe Bruyette
- BlackRock price target raised to $1,350 from $1,300 at Barclays
