Argus Starts BlackRock (BLK) at Buy

Argus initiates coverage on BlackRock (NYSE: BLK) with a Buy rating and a price target of $411.00.

The analyst said the company "remains well positioned in nearly all major asset categories with significant investment inflows, including fixed-income funds, index ETFs, retirement funds, and alternative and emerging market products."

For an analyst ratings summary and ratings history on BlackRock click here. For more ratings news on BlackRock click here.

Shares of BlackRock closed at $374.08 yesterday.

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