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Stock impact report

“Winner Winner, Chicken Dinner,” Says Jim Cramer About BlackRock (BLK) [Yahoo! Finance]

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
Company Research Source: Yahoo! Finance
BlackRock, Inc. (NYSE:BLK) is one of the biggest asset managers in the world. Its shares are up by 14.9% over the past year and by 7.2% year-to-date. BlackRock, Inc. (NYSE:BLK) scored a major win in January after reporting its fourth-quarter earnings. The results saw BlackRock, Inc. (NYSE:BLK) post $14 trillion in assets under management, which set yet another record. The firm's net profit per share sat at $13.16, which beat estimates of $12.21. After the earnings, Jefferies raised BlackRock, Inc. (NYSE:BLK)'s share price target to $1,351 from an earlier $1,333 and kept a Buy rating. Some of the factors that Jefferies discussed in its report included a 12% organic fee growth in the fourth quarter and platform growth in areas such as digital assets. Cramer also praised BlackRock, Inc. (NYSE:BLK) and its CEO, Larry Fink: Rapid relocations transform local job markets as employers adjust to worker shortages and rising wage pressure. “Winner winner, chicken dinner. Best one there is. Show less Read more
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