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Fly News Breaks for April 19, 2016
BLK
Apr 19, 2016 | 06:43 EDT
Citi analyst William Katz upgraded BlackRock to Buy saying he views the company as an "increasingly differentiated winner" following the Department of Labor fiduciary rule. The analyst sees a "significant runway" of growth for BlackRock's iShares and highlights its opportunity to commercialize FutureAdvisor. Katz raised his price target for the shares to $410 from $340.
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