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Analysts Offer Insights on Financial Companies: State Street (STT) and BlackRock (BLK)

Tipranks - Tue Feb 24, 5:41AM CST

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on State Street (STTResearch Report) and BlackRock (BLKResearch Report) with bullish sentiments.

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State Street (STT)

Citi analyst Emily Ericksen maintained a Buy rating on State Street on February 20 and set a price target of $150.00. The company’s shares closed last Friday at $127.94.

Ericksen has an average return of 12.7% when recommending State Street. ;'>

According to TipRanks.com, Ericksen is ranked #7257 out of 12109 analysts.

Currently, the analyst consensus on State Street is a Moderate Buy with an average price target of $144.79, a 13.6% upside from current levels. In a report issued on February 20, TipRanks – Google also upgraded the stock to Buy with a $143.00 price target.

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BlackRock (BLK)

BlackRock received a Buy rating and a $1280.00 price target from UBS analyst Michael Brown today. The company’s shares closed last Friday at $1093.64.

According to TipRanks.com, Brown is a 5-star analyst with an average return of 12.8% and a 64.7% success rate. Brown covers the Financial sector, focusing on stocks such as Apollo Global Management, Raymond James Financial, and Evercore Partners. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BlackRock with a $1354.30 average price target, a 26.0% upside from current levels. In a report issued on February 19, Bank of America Securities also maintained a Buy rating on the stock with a $1467.00 price target.

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