Cape ANN Savings Bank and several other banks and institutions are adjusting their
stock holdings in BlackRock (BLK). While some have lowered their shares, others like
Franklin Street Advisors and
Elevate Capital Advisors have increased their holdings. A significant development is BLK's
Global Infrastructure Partners' (GIP) negotiations to purchase power company
AES and
Aligned Data Centers.
An upgrade from
BMO Capital Markets and a
price target boost from
J.P. Morgan positively affected the BLK shares. Highlighted also is the launching of
BlackRock's Aladdin Wealth platform with auto-commentary for Morgan Stanley advisors, implying an AI thrust.
Buffer ETF Suite was introduced for downside protection, signifying innovative product developments.
Private markets continue to be a focus for BlackRock, indicating a strategy to boost Assets under Management (AUM). Despite some fluctuations, BlackRock's stocks overall upward trend is corroborated by their
record AUM and analysts' increased price target.
Blackrock BLK News Analytics from Thu, 14 Aug 2025 07:00:00 GMT to Sat, 04 Oct 2025 11:06:04 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -2
