BlackRock (BLK) PT Raised to $612 at Credit Suisse
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BlackRock (BLK) PT Raised to $565 at Citi
October 12, 2017 9:03 AM EDTCiti raised its price target on BlackRock (NYSE: BLK) to $565.00 (from $530.00) while maintaining a Buy rating.
... 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): Raising PT Post Earnings - Deutsche Bank
October 12, 2017 8:01 AM EDTDeutsche Bank analyst, Brian Bedell, reiterated her Buy rating on shares of BlackRock (NYSE: BLK) after 3Q17 adjusted EPS of $5.92 handily beat the $5.54 consensus. LT inflows of $76bn imply 5.7% annualized growth which should easily be best of LC peers, though below the... 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
BlackRock closes in on $6 trillion in assets as index funds boom
October 11, 2017 6:35 AM EDTBy Trevor Hunnicutt and Diptendu Lahiri
(Reuters) - BlackRock Inc (NYSE: BLK) is closing in on an industry-record $6 trillion in assets under management as investors storm into the company's index funds and the bull market in U.S. stocks rages on.
The world's biggest asset manager reported an 8.2 percent rise in quarterly profit on Wednesday, beating Wall Street estimates on almost every count as it attracted $96 billion, with about half of that moving into relatively low-cost exchange-traded funds.
None of BlackRock's publicly traded peers are expected to have... More
BlackRock (BLK) Tops Q3 EPS by 43c
October 11, 2017 6:16 AM EDTBlackRock (NYSE: BLK) reported Q3 EPS of $5.92, $0.43 better than the analyst estimate of $5.49. Revenue for the quarter came in at $3.23 million versus the consensus estimate of $3.08 million.
For earnings history and earnings-related data on BlackRock (BLK) click here.
... More