BlackRock: Jefferies still a buyer
(CercleFinance.com) - On Wednesday an analyst at Jefferies confirmed a "buy" rating on the BlackRock stock, confirming a target price of 545 dollars.
"BLK is our top idea heading into the Q. We decrease our 3Q EPS est. by 17c to $7.01, which is still slightly above the Street," the broker said.
Jefferies' target price represents upside of 32% relative to the share's current price of 413 dollars.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"BLK is our top idea heading into the Q. We decrease our 3Q EPS est. by 17c to $7.01, which is still slightly above the Street," the broker said.
Jefferies' target price represents upside of 32% relative to the share's current price of 413 dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.