BlackRock (BLK) Tops Q2 EPS by 41c; AUM misses estimates
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
BlackRock (BLK) PT Raised to $910 at Argus
July 16, 2024 7:20 AM EDTArgus analyst Stephen Biggar raised the price target on BlackRock (NYSE: BLK) to $910.00 (from $880.00) while maintaining a Buy rating.
The analyst comments "Raising target to $910 On July 15, BlackRock reported 2Q24 adjusted EPS of $10.36, up from $9.28 a year earlier and above the consensus of $9.96.... More
BlackRock (BLK) PT Raised to $920 at Evercore ISI
July 16, 2024 5:01 AM EDTEvercore ISI analyst Glenn Schorr raised the price target on BlackRock (NYSE: BLK) to $920.00 (from $910.00) while maintaining a Outperform rating.
The analyst comments "Looking forward, BLK expressed confidence that L-T flows & organic base fee growth should improve from here, owing to: (1) the back-half of the year being seasonally strong (ETFs off to a good start in... More
BlackRock (BLK) PT Lowered to $912 at Deutsche Bank
July 15, 2024 1:55 PM EDTDeutsche Bank analyst Brian Bedell lowered the price target on BlackRock (NYSE: BLK) to $912.00 (from $924.00) while maintaining a Buy rating.
The analyst comments "Overall, we believe investors will continue to focus on when the firm will return to sustainable 5% organic base... More
BlackRock (BLK) PT Raised to $935 at CFRA
July 15, 2024 9:56 AM EDTCFRA analyst Catherine Seifert raised the price target on BlackRock (NYSE: BLK) to $935.00 (from $905.00) while maintaining a Buy rating.
The analyst comments "We raise our 12-month target price by $20 to $935, valuing BLK shares at 17.6x our newly initiated '26 adjusted EPS estimate of... More
BlackRock’s Q2 earnings top estimates but revenue, AUM come short
July 15, 2024 6:13 AM EDTShares in BlackRock (NYSE: BLK) rose slightly in premarket trading Monday after the asset management giant reported results for the fiscal Q2 2024.
Earnings per share (EPS) were reported at $10.36, topping the consensus estimates of $9.95. Revenue missed expectations, coming in at $4.81 billion compared to the estimated $4.85... More
