Wells Fargo analyst Michael Brown raised the firm’s price target on BlackRock (BLK) to $1,175 from $1,155 and keeps an Overweight rating on the
Shares of Wells Fargo rose 3.9% after the San Francisco bank’s fourth-quarter profit of $1.43 a share beat expectations of $1.35. Net interest income, a key metric for banks, fe
BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.
BlackRock Inc (BLK) stock saw a modest uptick, ending the day at $1004.96 which represents a slight increase of $9.24 or 0.93% from the prior close of $995.72. The stock opened at $1000.9 and touched a low of $997.
Fink and other top executives had evangelized on the need to use the company’s investing might to force corporations to reduce their carbon footprint, joining Net Zero in 2021.
BlackRock reported fourth-quarter earnings per share of $10.63. On an adjusted basis, per-share earnings of $11.93 topped analysts’ forecasts of $11.24. The world’s largest asset manager reported net income of $1.
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $470.0 to $1340.0 for BlackRock over the recent three months.
As investors await earnings from the big banks, they've just gotten the latest results from BlackRock. The company said $284 billion flowed into its total assets under management (AUM), which amounted to $11.
The world’s largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero Asset Managers initiative, following the recent withdrawals of Morgan Stanley,
Major US banks officially open earnings season with record numbers that beat analysts' expectations. Stocks rise sharply
Analysts at StockNews.com initiated coverage on shares of BlackRock (NYSE:BLK – Get Free Report) in a research note issued on Wednesday. The firm set a “hold” rating on the asset manager’s stock. Other analysts also recently issued reports about the company.
BlackRock dropped out of the United Nations-backed climate change investing initiative, which was followed by NZAM suspending its activities on Monday because of “recent developments … in investors’ respective jurisdictions,