BlackRock Warrants Premium Valuation, Analyst Highlights Growth Potential And Initiatives
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2025
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Source: Benzinga
Analyst Upgrade: Keefe, Bruyette & Woods analyst Aidan Hall raised BlackRock's price forecast to $1,180, maintaining an Outperform rating after the company reported strong fourth-quarter results with revenue of $5.68 billion and adjusted EPS of $11.93, exceeding expectations.
Growth Initiatives: BlackRock is focusing on growth initiatives for 2025, including a partnership with Partners Group for alternative investments, while management anticipates operating margin expansion and a mid-to-high single-digit increase in core G&A expenses.
Analyst Views on GENW
Wall Street analysts forecast GENW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GENW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 13.840
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
