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Blackrock, Inc. (BLK) [hlAlert]

Rating:
Buy BLK
up 19.73 %

Blackrock, Inc. (BLK) rated Buy with price target $286 by Stifel

Posted on: Thursday,  Jun 20, 2013  8:25 AM ET by Stifel

Stifel rated Buy Blackrock, Inc. (NYSE: BLK) on 06/20/2013, when the stock price was $262.64. Since
then, Blackrock, Inc. has gained 19.73% as of 01/15/2016's recent price of $314.47.
If you would have followed this Stifel's recommendation on BLK, you would have gained 19.73% of your investment in 939 days.

BlackRock, Inc. (BlackRock) operates as an investment management firm in the United States. As of December 31, 2008, the Company had $1.307 trillion of assets under management (AUM). BlackRock provides diversified investment management services to institutional clients and to individual investors through various investment vehicles. Its investment management services primarily consist of the active management of fixed income, cash management and equity client accounts; the management of a number of open-end and closed-end mutual fund families, and other non-United States equivalent retail products serving the institutional and retail markets, and the management of alternative funds developed to serve various customer needs. In addition, BlackRock provides market risk management, financial markets advisory and enterprise investment system services to a broad base of clients. In December 2009, the Company completed its merger with Barclays Global Investors.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/20/2013 8:25 AM Buy
None
262.64 286.00
as of 12/13/2013
1 Week down  -1.33 %
1 Month down  -0.29 %
3 Months up  12.53 %
1 YTD up  13.38 %

(*) Stock Price at the time of the recommendation.
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