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Analysts are raising their predictions for BlackRock after the company did better than they thought in the third quarter.

ResultsRead the original at Benzinga
Good for BLK

BlackRock's sales and adjusted profit beat estimates, and service fees rose. Barclays cut its target, but 4 other firms raised theirs, and the reported business gains support a positive reading.

BLK · BlackRock Inc.

AI read · Good for BLK

The AI's read

Higher advisory and lending fees show BlackRock collected more from its services. The main counterpoint is that Barclays lowered its target, even as 4 other firms raised theirs. The reported business gains carry more weight than those mixed opinions.

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