BlackRock (BLK) PT Lowered to $441 at Deutsche Bank Following 1Q
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Price: $1,051.74 +0.16%
Rating Summary:
19 Buy, 7 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
19 Buy, 7 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
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Deutsche Bank lowered its price target on BlackRock (NYSE: BLK) to $441.00 (from $449.00) while maintaining a Buy rating. BLK’s 1Q17 adjusted EPS was $5.25 compared to $4.90 Consensus.
BLK shares were down 2% today as investors remain skeptical that strong organic growth in passive products can generate peer-leading EPS growth, but Deutsche Bank disagrees.
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