Shares of Shares of BlackRock Inc BLK closed Monday trading down nearly 3% at $161.96 per share.
Volume of 586,313 shares was slightly less than the daily average volume of 625,164 shares.
Shares of BlackRock Inc had a trading range of $161.95 to $169.68 per share.
The fall in share price happened despite the fact that Goldman Sachs Group analysts Richard Ramsden, Brian Foran, Daniel Harris and Jessica Binder Graham added BlackRock Inc to their Conviction Buy List.
The analysts said that any concerns regarding the growth potential should already be priced into the stock.
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Posted In: Analyst ColorUpgradesAnalyst RatingsMoversAsset Management & Custody BanksBrian ForanDaniel HarrisFinancialsGoldman Sachs GroupJessica Binder GrahamRichard Ramsden
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