Wall Street sets BlackRock stock price target

Barclays cut its price target on BlackRock from $1,350 to $1,290 (-$60, -4.4%) on April 8 while maintaining an Overweight rating. The modest PT reduction indicates a slight downward revision to valuation but keeps Barclays' positive stance, likely exerting only modest short-term pressure on BLK shares.

Analysis

Barclays cut its price target on BlackRock from $1,350 to $1,290 (-$60, -4.4%) on April 8 while maintaining an Overweight rating. The modest PT reduction indicates a slight downward revision to valuation but keeps Barclays' positive stance, likely exerting only modest short-term pressure on BLK shares.