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BlackRock (BLK) Receives a Buy from Morgan Stanley

Tipranks - Thu Apr 16, 6:31AM CDT

Morgan Stanley analyst Michael Cyprys reiterated a Buy rating on BlackRock today and set a price target of $1,393.00.

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According to TipRanks, Cyprys is a 3-star analyst with an average return of 2.2% and a 49.19% success rate. Cyprys covers the Financial sector, focusing on stocks such as Nasdaq, Intercontinental Exchange, and T Rowe Price.

In addition to Morgan Stanley, BlackRock also received a Buy from Goldman Sachs’s Alexander Blostein in a report issued today. 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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