TD Cowen Upgrades BlackRock (BLK) to Buy, Citing Strong EPS Growth Potential

gurufocus.com · 2026-10-20

On October 20, 2026, TD Cowen upgraded BlackRock Inc (NYSE: BLK) from Hold to Buy, highlighting the asset manager's potential to surpass $100 in earnings per sh

TickrTrends take: BlackRock trades at a valuation that TickrTrends currently assesses as undervalued, and the TD Cowen upgrade to Buy based on strong EPS growth potential aligns with this assessment. For valuation-focused investors, the key consideration is whether BlackRock can deliver the earnings growth that justified the upgrade, as this would validate the current undervalued positioning in the Financial Services sector. The confluence of analyst optimism on earnings trajectory and the existing undervaluation signal suggests potential upside if the company executes on growth expectations.

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