EL7.AI
StocksUpdated×3•Originally published 15 April 2026•Updated 16 April 2026•
1 min read

Analysts Raise Price Targets for BlackRock, JPMorgan, and American Tower Post-Q1

Key Facts

1Keefe, Bruyette & Woods raised BlackRock's price target to $1,240 with an 'outperform' rating.
2Argus upgraded JPMorgan Chase to 'buy' with a $355 price target despite trimmed net interest income guidance.
3Jefferies raised American Tower's price target to $210, citing revenue growth despite an EPS miss.

Major financial institutions continue to issue upward price target revisions for BlackRock, JPMorgan Chase, and Citigroup following robust Q1 2026 earnings. BlackRock reported an 11% increase in adjusted EPS and a significant 27% year-over-year revenue surge, beating consensus estimates through strong net inflows and innovative offerings. Despite industry-wide fee rate pressures, the firm achieved operating margin expansion, leading Morgan Stanley to raise its price target to $1,393. Meanwhile, Argus upgraded JPMorgan Chase to a 'buy' rating with a $355 target, and Citigroup received multiple target hikes from Goldman Sachs and Wells Fargo. These revisions underscore growing confidence in the financial sector's operational resilience and its ability to maintain growth momentum through competitive pricing and efficiency.