No systemic risk from cryptocurrency speculation: BlackRock strategist

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BlackRock (BLK) PT Raised to $425 at Wells Fargo; 'AUM UP in 2Q'

July 12, 2017 7:17 AM EDT

Wells Fargo raised its price target on BlackRock (NYSE: BLK) to $425.00 (from $380.00) while maintaining a Market Perform rating, following an update to AUM estimates.

Analyst Christopher Harris notes a positive outlook, projecting June 30 assets under management to increase fueled by market... More