BlackRock (BLK) PT Raised to $1,150 at Morgan Stanley
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This asset manager is Jefferies favorite idea heading into earnings
October 8, 2024 7:00 PM EDTIn a research note to clients this week, analysts at Jefferies identified BlackRock (NYSE: BLK) as their top pick among asset managers as they head into the earnings season, driven by favorable market dynamics and strong momentum in fixed-income flows.
The firm notes that its EPS estimates for the asset management sector have increased by an average of 2.2% for the third quarter of 2024 and... More
