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BlackRock Stock Touches 2-Year High: Should You Still Invest?
BLKBlackRock(BLK) ZACKS·2024-09-26 15:56

BlackRock Inc.’s (BLK) shares touched a two-year high of $942.84 in yesterday’s trading session. Over the past three months, the stock has rallied 19.9%, outperforming the industry, the S&P 500 Index, and its close peers — Ameriprise Financial, Inc. (AMP) and Invesco Ltd. (IVZ) .Three-Month Price PerformanceImage Source: Zacks Investment ResearchDoes BLK stock have more upside left despite hitting a two-year high? Let’s try to decipher that.Factors Likely to Drive BlackRock Stock HigherFed’s Rate Cuts to Fu ...