--- title: "BUZZ-J.P. Morgan raises PT on BlackRock following strong inflows" description: "J.P. Morgan has raised its price target on BlackRockto $1,242 from $1,093 while maintaining a \"neutral\" rating. This adjustment comes ahead of Q3 results, reflecting increased estimates due to market " type: "news" locale: "en" url: "https://longbridge.com/en/news/259790186.md" published_at: "2025-10-02T13:43:27.000Z" --- # BUZZ-J.P. Morgan raises PT on BlackRock following strong inflows > J.P. Morgan has raised its price target on BlackRockto $1,242 from $1,093 while maintaining a "neutral" rating. This adjustment comes ahead of Q3 results, reflecting increased estimates due to market appreciation and strong investor demand, particularly in passive products. However, demand for active equity and non-ETF index products is expected to remain weak. Currently, 16 of the 19 analysts covering BlackRock have a "buy" or higher rating, with a median price target of $1,205. Year-to-date, BlackRock shares have risen by 11.31%. J.P. Morgan raises PT on asset manager BlackRock (BLK.N) to $1,242 from $1,093; retains “neutral” rating Brokerage updates its model ahead of Q3 results, increases estimates following market appreciation and investor demand, especially in passive products Also notes active equity and non-ETF index products likely continued to see weak demand J.P Morgan notes Q3 included full quarter following HPS acquisition, closed on July 1 16 of the 19 analysts covering the stock have a “buy” or higher rating, and three “hold”; median PT is $1,205 - data compiled by LSEG As of last close, BLK shares up 11.31% YTD ### Related Stocks - [BLK.US - BlackRock](https://longbridge.com/en/quote/BLK.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | BlackRock execs hit with investor lawsuit over alleged climate collusion | BlackRock and its executives are facing a lawsuit from an investor alleging they engaged in an illegal campaign to reduc | [Link](https://longbridge.com/en/news/275496378.md) | | BlackRock, Grasim Industries Get EU Approval for Joint Control of Aditya Birla Renewables | BlackRock and Grasim Industries have received approval from the European Commission for their joint control of Aditya Bi | [Link](https://longbridge.com/en/news/275893694.md) | | Covered Call ETF Risks Are on Full Display. Why It Might Get Much Worse. | Covered Call ETF Risks Are on Full Display. Why It Might Get Much Worse. | [Link](https://longbridge.com/en/news/275489635.md) | | Key facts: BlackRock reallocates funds to emerging markets; raises stake in Pandora | BlackRock's Chief Investment Officer, Rick Rieder, has sold U.S. credit assets and reallocated funds towards emerging ma | [Link](https://longbridge.com/en/news/275168423.md) | | Key facts: BlackRock lists $2.1B fund on Uniswap; launches new ETF | BlackRock is enhancing its role in decentralized finance by listing its USD Institutional Digital Liquidity Fund (BUIDL) | [Link](https://longbridge.com/en/news/275986693.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.