BlackRock Stock Missed The Consensus In Q2, What To Expect?

BlackRock’s stock (NYSE: BLK) has lost 30% YTD as compared to the 16% drop in the S&P500 index over the same period. Further, at its current price of $639 per share, the stock is trading 28% below its fair value of $693 – Trefis’ estimate for BlackRock’s valuation.

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