BMO Capital initiated coverage of BlackRock (BLK) with an Outperform rating and $1,280 price target BlackRock is a well-run firm that excels at delivering the franchise to partners, making it a distribution force in the marketplace, the analyst tells investors in a research note. The firm added that, given its successful track record, it can gain comfort longer-term, even though there may be some “hiccups” along the way.
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