Blackrock, Inc. (BLK) Tops Q3 EPS by 12c

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Nomura Reiterates Buy, Lifts PT on BlackRock (BLK) in Wake of Positive Q3

October 18, 2012 9:56 AM EDT

Following the release of BlackRocks (NYSE: BLK) Q3 quarterly earnings report, Nomura Securities reiterated a Buy rating and raised its price target to $212.00 (from $201.00).

The beat was driven by better-than-expected base fees and net gains on investments, partially offset by higher-than-expected non-comp... More