Deutsche Bank analyst Brian Bedell maintains $Blackrock (BLK.US)$ with a buy rating, and adjusts the target price from $1,133 to $1,215.
According to TipRanks data, the analyst has a success rate of 57.3% and a total average return of 13.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Blackrock (BLK.US)$'s main analysts recently are as follows:
The analyst projects a favorable scenario for most of the 2025 outlook in the brokers, asset managers, and exchanges sector, potentially marking a third consecutive year of over 20% total return in U.S. equity markets. Key factors likely to influence the market include an increase in capital markets activity, the possibility of relaxed regulations enhancing product innovation and capital deployment, along with prospects of reduced individual and corporate taxes.
Recent market movements have led to a reduction in anticipated out-year earnings for BlackRock by approximately 4%. Despite this, the outlook remains positive, reflecting promising prospects for the company's fund flows and the advantages of private market mergers and acquisitions. Divergences exist from current consensus concerning fee rates, assets under management, management fees, and operating margin for the fourth quarter, with expectations that these estimates will gradually align more closely with broader market expectations, potentially leading to a subdued performance of the shares until financial results are published.
Note:
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