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BlackRock: Jefferies still a buyer

(CercleFinance.com) - Ana anlyst at Jefferies today confirms a "buy" recommendation on the BlackRock share, despite it by falling by about 6% since the publication of its quarterly results.

"Importantly, these (headwinds, ed.) are not "new factors" and are more macro in nature. In terms of what the company can control, the organic growth ytd is +7.2%," the broker says.

Jefferies confirms its target price of 537 dollars for the share.

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