01:45 PM EDT, 04/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

BlackRock ( BLK ) reported Q1 adjusted EPS of $11.30, up from $9.81 Y/Y and ahead of the $10.13 consensus, driven by 12% revenue growth from 16% increases in both fee and technology revenues. AUM reached $11.6T, up 11% Y/Y, with 3% organic growth outpacing most peers despite macroeconomic headwinds. While we lower our 12-month price target to $1,000 from $1,150 and reduce our 2025/2026 EPS estimates to $47.75/$53.50, we believe BLK's three growth pillars (organic AUM gains, technology revenues, and alternatives expansion) remain intact. The company is well positioned to benefit from a "flight to quality" during periods of financial stress. Trading at 18x our 2025 EPS estimate with a 2.4% yield, we view shares as undervalued and expect solid organic AUM growth, technology revenues, and acquisitions to serve as catalysts.