Citigroup Says Buy Blackrock Shares

Summary


BlackRock Inc. is an "excellent buying opportunity" after the stock fell 23 percent in the past month, according to Citigroup Inc. analysts.

"We expect continued strong organic growth," analysts led by Prashant Bhatia in New York wrote Monday. Analysts estimated that BlackRock funds brought in $28 billion in new money during the second quarter.

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Citigroup Says Buy Blackrock Shares

BlackRock has fa...

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