BlackRock (BLK) Gets a Buy from Wells Fargo

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Wells Fargo analyst Daniel Welden maintained a Buy rating on BlackRock (BLK) with a $1,250 price target. Barclays's Benjamin Budish also issued a Buy rating yesterday. Conversely, TD Cowen maintained a Hold rating on the stock.

In a report released yesterday, Daniel Welden from Wells Fargo maintained a Buy rating on BlackRock, with a price target of $1,250.00. The company’s shares closed yesterday at $1,073.79.

Welden covers the Financial sector, focusing on stocks such as BlackRock, Cboe Global Markets, and CME Group. According to TipRanks, Welden has an average return of 0.8% and a 53.85% success rate on recommended stocks.

In addition to Wells Fargo, BlackRock also received a Buy from Barclays’s Benjamin Budish in a report issued yesterday. However, on October 12, TD Cowen maintained a Hold rating on BlackRock (NYSE: BLK).

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