BlackRock’s $1,364 Price Target and 20% Credit Fund NAV Markdown
BlackRock’s Jan. 23 price target of $1,364 set by Mikhail Paramonov implies a 20.72% upside for the $175.31 billion asset manager currently trading between its 52-week low of $773.74 and high of $1,219.94. A BlackRock-linked private credit fund will mark down NAV by nearly 20%, highlighting credit market strains.
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