Macquarie Capital (USA) Inc, in its recent equities research report upgraded BlackRock, Inc. (NYSE:BLK) from Neutral to Outperform.
Macquarie (USA) believes BlackRock, Inc. (NYSE:BLK) has strength in multiple areas, such as industry flow, the ETF craze bandwagon and a solid dividend yield.
The publicly owned investment manager BlackRock, Inc. (NYSE:BLK) primarily provides its services to institutional, intermediary, and individual investors.
Macquarie (USA) estimates a 12-month target price of $315 for BlackRock, using DCF valuation methodology.
Macquarie...
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