BlackRock (BLK) Tops Q3 EPS by 62c

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Goldman Sachs Downgrades BlackRock (BLK) to Buy

October 17, 2018 4:36 AM EDT

Goldman Sachs analyst Alexander Blostein downgraded BlackRock (NYSE: BLK) from Conviction Buy to Buy with a price target of $475.00 (from $560.00).

The analyst remains positive on the company but removes it from the Conviction Buy List given the equity's underperformance... More