BlackRock profit falls in third quarter but tops expectations

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Piper Jaffray Raises Price target on BlackRock (BLK) Following 3Q Review

October 15, 2015 9:15 AM EDT

Piper Jaffray reiterated a Neutral rating on BlackRock (NYSE: BLK), and raised the price target to $365.00 (from $357.00), following a 3Q15 review. In the face of a challenging environment, BLK was able to generate inflows across all distribution channels and almost all asset classes. The... More