Berenberg Bank restated their buy rating on shares of BlackRock Long-Term Municipal Advantage Trust’s (LON:BTA – Free Report) in a research report report published on Thursday, MarketBeat.com reports. Berenberg Bank currently has a GBX 155 ($1.99) price target on the stock.
Separately, JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 290 ($3.73) target price on shares of BlackRock Long-Term Municipal Advantage Trust’s in a report on Thursday, April 4th.
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BlackRock Long-Term Municipal Advantage Trust’s Stock Performance
BlackRock Long-Term Municipal Advantage Trust’s Increases Dividend
BlackRock Long-Term Municipal Advantage Trust’s Company Profile
BlackRock Long-Term Municipal Advantage Trust’s (BTA) (the ‘Trust’) investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax).
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