US research roundup: BlackRock, Microsoft and TransDigm Group
BLK•Analysts raised Microsoft’s price targets to $650 from $575 and $625 from $540, raised BlackRock’s to $1,449 from $1,435 and $1,310 from $1,290, and cut TransDigm Group’s to $1,200 from $1,350. The roundup also lists rating and target changes for dozens of other U.S.-listed companies.
1. Highlighted target changes
Jefferies raised its Microsoft target to $650 from $575, while TD Cowen raised its target to $625 from $540. For BlackRock, JPMorgan raised its target to $1,449 from $1,435 and KBW raised its target to $1,310 from $1,290. RBC cut its TransDigm Group target to $1,200 from $1,350.
2. Other analyst actions
The roundup lists research actions on dozens of U.S.-listed companies. Morgan Stanley received four target cuts, while Bank of America received four target cuts; other listed actions included rating changes, initiations and target revisions.
