BlackRock closes in on $6 trillion in assets as index funds boom
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BlackRock (BLK) PT Raised to $612 at Credit Suisse
October 12, 2017 8:18 AM EDTCredit Suisse analyst Criag Siegenthaler raised his price target on BlackRock (NYSE: BLK) to $612.00 (from $597.00) while maintaining an Outperform rating following Q3 results.
The firm forecast strong net flows in 2018/19 (~6% OG) and EPS growth of 15-20%.
... MoreBlackRock (BLK) PT Raised to $558 at JPMorgan Following 3Q Report
October 12, 2017 8:14 AM EDTJPMorgan 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.
Blackrock net sales... More
BlackRock (BLK) PT Raised to $510 at UBS on 3Q Earnings Preview of Asset Managers; Raising 3Q, 2017E and 2018E EPS on 'Beta Tailwinds'
October 11, 2017 12:34 PM EDTUBS raised its price target on BlackRock (NYSE: BLK) to $510.00 (from $480.00) while maintaining a Buy rating, following a third quarter preview of traditional asset managers.
Analyst Brennan Hawken a positive outlook on traditional asset managers, suggesting the group is benefiting from beta... More
