BlackRock Reports Third Quarter 2024 Earnings

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BlackRock (BLK) PT Raised to $1,150 at Citi

October 14, 2024 6:58 AM EDT

Citi analyst Chris Allen raised the price target on BlackRock (NYSE: BLK) to $1,150.00 (from $1,075.00) while maintaining a Buy rating.

The analyst comments "K finished +3.6% following 3Q24 results on the back of strong net flows ($221B), 5% organic base fee growth, operating margin expansion (~350bps... More

BlackRock (BLK) PT Raised to $1,105 at Deutsche Bank

October 14, 2024 6:27 AM EDT

Deutsche Bank analyst Brian Bedell raised the price target on BlackRock (NYSE: BLK) to $1,105.00 (from $1,065.00) while maintaining a Buy rating.

The analyst comments "BLK generated 5% annualized organic base fee growth, the best quarter in 3 years. There is also notable momentum into 4Q with... More

BlackRock (BLK) PT Raised to $1,040 at Evercore ISI

October 14, 2024 5:50 AM EDT

Evercore ISI analyst Glenn Schorr raised the price target on BlackRock (NYSE: BLK) to $1,040.00 (from $995.00) while maintaining a Outperform rating.

The analyst comments "BLKs Done A Ton In Private Markets, Likely Not Done. On the last one, were bullish on how BLK got back on the front foot at it continues to evolve its... More

BlackRock (BLK) PT Raised to $1,118 at Goldman Sachs

October 14, 2024 5:49 AM EDT

Goldman Sachs analyst Alexander Blostein raised the price target on BlackRock (NYSE: BLK) to $1,118.00 (from $1,040.00) while maintaining a Buy rating.

The analyst comments "Following 3Q24 results, we raise our 2024E-26E EPS estimates to $43.30/48.65/$55.11 from $41.57/$46.46/$52.97 on the back of the GIP acquisition closing and stronger margins (we would note that our estimates include... More