Blackrock (BLK) October volatility increases as shares at record high into Q3

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BlackRock (BLK) PT Raised to $558 at JPMorgan Following 3Q Report

October 12, 2017 8:14 AM EDT

JPMorgan raised its price target on BlackRock (NYSE: BLK) to $558.00 (from $556.00) while maintaining a Overweight rating following the company's 3Q report. BlackRock reported adjusted EPS of $5.92 for 3Q17, well above the consensus estimate of $5.57 as performance fees exceeded expectations.

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