Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

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Goldman Sachs Reiterates Buy Rating on BlackRock (BLK)

July 1, 2024 4:00 PM EDT

Goldman Sachs analyst Alexander Blostein reiterated a Buy rating and $929.00 price target on BlackRock (NYSE: BLK).

The analyst comments "BLK announced an agreement to acquire Preqin, a private markets data and solutions provider for an upfront purchase price of $3.2bn, which will be funded by up to $3bn of incremental debt with the remainder funded... More

UBS Reiterates Neutral Rating on BlackRock (BLK)

July 1, 2024 3:57 PM EDT

UBS analyst Brennan Hawken reiterated a Neutral rating and $842.00 price target on BlackRock (NYSE: BLK).

The analyst comments "BLK announced the acquisition of Preqin for $3.2bn, all cash with expected close by YE24, deepening its strategic position in private markets. Preqin, known for its... More

Citi Reiterates Buy Rating on BlackRock (BLK)

July 1, 2024 10:07 AM EDT

Citi analyst Chris Allen reiterated a Buy rating and $920.00 price target on BlackRock (NYSE: BLK).

The analyst comments "Yesterday BLK announced the acquisition of Preqin for $3.2B. The acquisition is expected to expand BLKs private market reach by pairing Preqins data and... More