Trump Reveals His Choice for Next Fed Chair: Key Insights on Leading Candidate Kevin Hassett.
Written by Emily J. Thompson, Senior Investment Analyst
Source: MarketWatch
Updated: 3 day ago0mins
Hassett's Chances: Kevin Hassett, a former economist in the Trump administration, has a 70% chance of becoming the next Federal Reserve chair according to prediction markets.
Support from Trump Allies: He is viewed as the front-runner for the position, with support from President Trump's advisers and allies following a recent Bloomberg News report.
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Analyst Views on BLK
Wall Street analysts forecast BLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLK is 1356 USD with a low forecast of 1244 USD and a high forecast of 1486 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.
12 Analyst Rating
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 1079.870
Low
1244
Averages
1356
High
1486
Current: 1079.870
Low
1244
Averages
1356
High
1486
Deutsche Bank
Buy
upgrade
2025-10-15
Reason
Deutsche Bank
Price Target
2025-10-15
upgrade
Buy
Reason
Deutsche Bank raised the firm's price target on BlackRock to $1,320 from $1,300 and keeps a Buy rating on the shares. The company reported solid Q3 results and has multiple avenues to boost its organic base free growth, the analyst tells investors in a research note.
Barclays
Benjamin Budish
maintain
2025-10-15
Reason
Barclays
Benjamin Budish
Price Target
2025-10-15
maintain
Reason
Barclays analyst Benjamin Budish raised the firm's price target on BlackRock to $1,360 from $1,310 and keeps an Overweight rating on the shares. The company reported an earnings beat in Q3 and has strong momentum heading into Q4, the analyst tells investors in a research note.
Morgan Stanley
Overweight
maintain
2025-10-15
Reason
Morgan Stanley
Price Target
2025-10-15
maintain
Overweight
Reason
Morgan Stanley raised the firm's price target on BlackRock to $1,486 from $1,362 and keeps an Overweight rating on the shares. A "slight EPS miss" versus consensus in Q3 was due to below the line items, though an "impressive" $205B of net new money with 10% organic base fee growth supports the growth outlook, the analyst tells investors in a post-earnings note.
Keefe Bruyette
Outperform
maintain
2025-10-15
Reason
Keefe Bruyette
Price Target
2025-10-15
maintain
Outperform
Reason
Keefe Bruyette raised the firm's price target on BlackRock to $1,390 from $1,300 and keeps an Outperform rating on the shares. Momentum for BlackRock's alternatives businesses appears to be primed to accelerate, the analyst tells investors in a research note.
See All Ratings
About BLK
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
About the author
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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.
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