BofA analyst Craig Siegenthaler lowered the firm’s price target on BlackRock (BLK) to $1,078 from $1,178 and keeps a Buy rating on the shares. The company reported strong organic growth and a profit beat in Q1, the analyst tells investors in a research note. The firm cut earnings estimates to reflect “negative markets” but believes BlackRock’s share gains should continue through the tariff conflict.
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