Argus analyst Stephen Biggar raised the firm’s price target on BlackRock (BLK) to $1,330 from $1,165 and keeps a Buy rating on the shares after its Q3 earnings beat. The company had a very healthy $171B of Q3 long-term net inflows, led by iShares ETFs and private markets, the analyst tells investors in a research note. Asset growth was also helped by the full-quarter contribution from the acquisition of HPS Investment Partners, which was completed in July 2025 and is already contributing to higher fee rates, the firm added.
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