BUZZ-Street View: BlacRock proves it’s the big fish in every pond
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BlackRockreported a fourth-quarter profit that exceeded Wall Street expectations, driven by a market rally that increased its fee income and assets under management (AUM) to a record $14 trillion. Analysts maintain a "buy" rating on BLK, with a median price target of $1,300. Jefferies highlights BLK's strong position for continued organic base-fee growth, while KBW emphasizes its scale and diversified product lineup. TD Cowen anticipates higher fee rates and improved margins, and Morningstar notes BLK's strong performance in organic AUM growth, particularly in index funds and ETFs.
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