BlackRock (BLK) Tops Q3 EPS by $1.45, Revenues Beat
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BlackRock (BLK) PT Raised to $602 at BMO Capital Following 3Q
October 15, 2020 7:50 AM EDTBMO Capital analyst James Fotheringham raised the price target on BlackRock (NYSE: BLK) to $602.00 (from $594.00) while maintaining a Market Perform rating following the company's 3Q earnings report. BLKs 3Q20 core EPS of $9.22 beat consensus of $7.72 by 19%.Total and long-term net flows exceeded... More
BlackRock (BLK) PT Raised to $690 at Citi
October 12, 2020 7:01 AM EDTCiti analyst William Katz raised the price target on BlackRock (NYSE: BLK) to $690.00 (from $685.00) while maintaining a Buy rating.... More
Stock lenders wince as hedge funds lose their shorts
October 12, 2020 12:48 AM EDTBy Tom Westbrook and Alun John
SINGAPORE/HONG KONG (Reuters) - Short selling has declined this year as hedge funds ditch bets against a relentless, stimulus-driven stock market rally, prompting a drop in income for asset managers and brokers involved in such trades.
Figures from research firm DataLend showed stock lenders' revenue tumbled almost 15% in the year to Sept. 30 from 2019 while revenue for the September quarter alone was $1.8 billion, the lowest in the four years of comparable records.
That drop, led by declines in Asia and the United States, shows how an apparently unstoppable equities... More
BlackRock (BLK) PT Raised to $686 at Morgan Stanley
October 9, 2020 8:54 AM EDTMorgan Stanley analyst Michael Cyprys raised the price target on BlackRock (NYSE: BLK) to $686.00 (from $652.00) while maintaining a Overweight rating.... More
BlackRock (BLK) PT Raised to $661 at Deutsche Bank
October 9, 2020 8:16 AM EDTDeutsche Bank analyst Brian Bedell raised the price target on BlackRock (NYSE: BLK) to $661.00 (from $654.00) while maintaining a Buy rating.... More
