Bitcoin touches 13-month high; crypto-linked stocks rise

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BlackRock (BLK) an "attractive way to play surge of fixed income inflows' - Keefe, Bruyette & Woods

July 10, 2023 1:19 PM EDT

Keefe, Bruyette & Woods upgraded shares of BlackRock (NYSE: BLK) to Outperform from Market Perform, raising the price target to $835 from $770 in a note to clients Monday.

The firm's analyst Michael Brown said the upgrade is in part due to the fact... More