Wells Fargo analyst Michael Brown raised the firm’s price target on BlackRock (BLK) to $1,175 from $1,155 and keeps an Overweight rating on the

Equities researchers at StockNews.com initiated coverage on shares of BlackRock (NYSE:BLK – Get Free Report) in a report issued on Friday. The brokerage set a “hold” rating on the asset manager’s stock.

Shares of Wells Fargo rose 3.9% after the San Francisco bank’s fourth-quarter profit of $1.43 a share beat expectations of $1.35. Net interest income, a key metric for banks, fe

BlackRock Inc (BLK) stock saw a modest uptick, ending the day at $1004.96 which represents a slight increase of $9.24 or 0.93% from the prior close of $995.72. The stock opened at $1000.9 and touched a low of $997.

As investors await earnings from the big banks, they've just gotten the latest results from BlackRock. The company said $284 billion flowed into its total assets under management (AUM), which amounted to $11.

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $470.0 to $1340.0 for BlackRock over the recent three months.

Major US banks officially open earnings season with record numbers that beat analysts' expectations. Stocks rise sharply

Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned investment firms.

Financial institutions are backing away from publicly aligning their investments with ESG goals, and now is the time to hold them to it.

Big banks have been backing away from their commitment to fight climate change via "net zero" carbon emissions as political winds have shifted.

Their exit follows a wave of similar decisions from other major banking institutions, including Morgan Stanley, Citigroup, Bank of America, Goldman Sachs, and Wells Fargo, in recent weeks. These departures make a significant retreat from the extreme climate agenda, driven in large part by the implementation of anti-ESG policies nationwide.

Major financial institutions are abandoning net-zero climate alliances amid political pressure and legal threats, signaling a potential shift in the landscape of climate finance.