
Shares of asset manager BlackRock BLK.N hit record high; last up 0.2%
Co agrees to buy commercial real estate firm ElmTree Funds, furthering a drive by the world's largest asset manager to expand its exposure to private markets
BLK is set to report results on July 15, with analysts expecting it to post a higher profit, according to data compiled by LSEG
Sixteen of 18 analysts rate the stock "buy" or higher, 2 "hold"; median PT is $1,104.3 - data compiled by LSEG
Stock is up 5.6% YTD, including session moves; it rose ~26.3% in 2024