Morgan Stanley raised the firm’s price target on BlackRock (BLK) to $1,486 from $1,362 and keeps an Overweight rating on the shares. A “slight EPS miss” versus consensus in Q3 was due to below the line items, though an “impressive” $205B of net new money with 10% organic base fee growth supports the growth outlook, the analyst tells investors in a post-earnings note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BLK:
- BlackRock’s Strategic Positioning and Growth Potential: A Buy Rating by Craig Siegenthaler
- BlackRock’s Strong Growth Potential: Buy Rating Supported by Organic Fee Growth and Strategic Initiatives
- BlackRock price target raised to $1,360 from $1,310 at Barclays
- BlackRock’s Promising Growth Trajectory: A Buy Rating from Jan Hatzius
- BlackRock Inc. Reports Strong Q3 2025 Earnings