12:40 PM EDT, 03/13/2026 (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:

We lower our 12-month target price to $1,120 (from $1,350), reflecting more muted near-term investor expectations amid macroeconomic and liquidity concerns. Our revised target price values BLK shares at 18x our 2027 EPS estimate of $61.75 and at 20.7x our 2026 EPS estimate of $54.20, versus the shares' one-year average forward multiple of 22x. We acknowledge that near-term sentiment toward the asset management space is likely to be negatively impacted by macroeconomic and geopolitical concerns, coupled with some liquidity and credit quality issues in parts of the private equity space. We acknowledge these concerns but believe BLK's diversified AUM mix ad revenues stream including a top-tier ETF franchise, a recurring-revenue technology unit and a measured entry into the alternative assets space leave it well positioned in the long term. Currently trading at 17x our 2026 EPS estimate and yielding 2.5%, we view the shares as undervalued versus historical averages.