Wednesday, January 4, 2012

BlackRock (NYSE:BLK) Valuation Range Raised to $189-$202 From $172-$178 at Wells Fargo

Uploaded by on Jan 4, 2012
Wells Fargo (NYSE:WFC) increased its valuation range on BlackRock (NYSE:BLK) after raising its 2011 and 2012 EPS estimates for the company following the strong equity markets and fixed income markets performance in Q4.

The firm maintains an Outperform rating on BlackRock.

BlackRock (NYSE:BLK) has potential upside of 4.8% based on a current price of $178.92 and an average consensus analyst price target of $187.47.

No comments: