BlackRock Shares Up 5.3% After Upgraded To Outperform By Credit Suisse Analyst (BLK)
Wednesday, March 17, 2010 - 11:10
Written on Wed, 03/17/2010 - 11:10am
By Chip Brian

3/17/2010- BlackRock Inc. (NYSE:BLK) shares rose 5.3% to $223.56 after the company was raised to "outperform" from "neutral" at Credit Suisse and a report that the firm may be interested in GMAC's mortgage untit.
Analysts Craig Siegenthaler believes the firm will grow assets under management by 9.2% to $3.5 trillion in 2010 and 11% in 2011. He also raised his price target for the stock to $280 per share, up from $270.

Keywords: Blackrock Credit Suisse

Ticker(s): BLK

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