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BlackRock made new all-time highs

Published: October 17th, 2020 - 6.56pm EDT

BlackRock, Inc. ($BLK) has been persistently making new all-time highs in the previous days. BlackRock, Inc. ($BLK) stock went up yesterday a 1.72% closing at $657.38 and setting the new all-time highs at $659.57.

On Thursday, BMO Capital Markets forecasts a target price of $602.00, with a rating of hold. The recommendations issued by financial analysts are not a buy or sell recommendation for small investors, so it is not wise to follow them blindly.

On Tuesday, BlackRock ($BLK) had the quarterly shareholders call and released the FQ3 report. The Wall St estimate is a an EPS of $7.64, that is a 9.3% lower than Q2 quarter.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios.. The stock is part of the Asset Management industry in the Financial Services sector. The firm's Headquarters are in New York, United States, and has 16,300 employees worldwide. Find further details at its corporate site at http://www.blackrock.com.

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