BlackRock Inc
BLK: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$362.00 | Lfq | Kdrxhsklh |
BlackRock: Purchase of Preqin Boosts Private Market Capabilities; No Change to FVE
We were not too surprised to see wide-moat BlackRock announce it is acquiring Preqin, one of the largest providers of private-market data. However, we don't anticipate the deal having much of an impact on our $850 per share fair value estimate.