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Goldman Sachs Keeps Their Buy Rating on BlackRock (BLK)

Tipranks - Thu Apr 16, 1:58AM CDT

In a report released today, Alexander Blostein from Goldman Sachs reiterated a Buy rating on BlackRock, with a price target of $1,313.00.

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Blostein covers the Financial sector, focusing on stocks such as Apollo Global Management, BlackRock, and Nasdaq. According to TipRanks, Blostein has an average return of 16.2% and a 68.34% success rate on recommended stocks.

In addition to Goldman Sachs, BlackRock also received a Buy from Evercore ISI’s Glenn Schorr in a report issued yesterday. However, on April 13, J.P. Morgan assigned a Hold rating to BlackRock (NYSE: BLK).

Based on BlackRock’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.01 billion and a net profit of $1.13 billion. In comparison, last year the company earned a revenue of $5.68 billion and had a net profit of $1.67 billion

Based on the recent corporate insider activity of 121 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BLK in relation to earlier this year. Most recently, in February 2026, Richard Kushel, the Senior MD of BLK sold 2,385.00 shares for a total of $2,583,790.35.

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