Category: Markets
Published: 2026-07-16T12:43:22.000Z
JPMorgan Chase & Co. has upgraded BlackRock (NYSE:BLK) from a "neutral" to an "overweight" rating, increasing its price target to $1,364.00, suggesting a potential upside of 24.69%. This upgrade follows BlackRock's strong quarterly results, which surpassed analyst expectations with EPS of $13.91 and revenue of $7.08 billion, alongside a record $15.3 trillion in assets under management and significant net inflows. Other analysts also maintain a positive outlook, contributing to a consensus "Moderate Buy" rating for the company.
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