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Comerica Bank Has $51.57 Million Holdings in BlackRock $BLK
Comerica Bank reduced its stake in BlackRock (NYSE:BLK) by 3.9% in the fourth quarter, now holding 48,178 shares valued at $51.57 million. Other institutional investors have also adjusted their holdings, with some increasing and others acquiring new stakes. Analysts have issued a “Moderate Buy” consensus rating for BlackRock with a target price of $1,269.06, while recent insider selling has also been noted.