Jefferies Ups Target On BlackRock (BLK) But Still On Sidelines
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Price: $1,173.73 -0.77%
Rating Summary:
20 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
20 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies lifted its price target on BlackRock (NYSE: BLK) from $163 to $175 but kept its Hold rating.
The firm comments, "Headwinds for the asset management industry continue as flow trends struggle and market volatility remains high. In terms of company specific flows, we believe the best relative organic growers are going to be AMG, BLK, IVZ and TROW. Our favorite ideas currently remain AMG and IVZ."
For an analyst ratings summary and ratings history on BlackRock click here. For more ratings news on BlackRock click here.
Shares of BlackRock closed at $179.33 yesterday.
The firm comments, "Headwinds for the asset management industry continue as flow trends struggle and market volatility remains high. In terms of company specific flows, we believe the best relative organic growers are going to be AMG, BLK, IVZ and TROW. Our favorite ideas currently remain AMG and IVZ."
For an analyst ratings summary and ratings history on BlackRock click here. For more ratings news on BlackRock click here.
Shares of BlackRock closed at $179.33 yesterday.
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