BlackRock reports weaker demand for index funds, shares dip
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- Wall St on track for subdued September start as high yields, oil prices dent sentiment
- Oil up more than 2% as renewed US-Iran strikes stoke supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
BlackRock (BLK) PT Lowered to $570 at Goldman Sachs Following 2Q
July 17, 2018 7:47 AM EDTGoldman Sachs lowered its price target on BlackRock (NYSE: BLK) to $570.00 (from $605.00) while maintaining a Buy rating following the company's 2Q earnings release. 2Q flows missed expectations at $20bn vs. estimates at $70bn across all asset classes except Multi-Asset with the LTM decline... More
BlackRock (BLK) PT Lowered to $595 at Barclays Following Weakness
July 17, 2018 7:34 AM EDTBarclays lowered its price target on BlackRock (NYSE: BLK) to $595.00 (from $615.00) while maintaining a Overweight rating. Recent concerns about BLKs flows, fee rates, and the tenuous state of the global bull market have all weighed on BLK shares. However, analyst Jeremy Campbell... More
