Strong Fee Growth And Citi Mandate Boost BlackRock's Outlook
1. BlackRock's Q3 results exceeded expectations with revenue growth of 25%. 2. Assets under management rose to $13.5 trillion, indicating strong demand. 3. Goldman Sachs maintains a buy rating, forecasting price target of $1,312. 4. CEO highlights a focus on blockchain and rapid growth in cryptocurrency market. 5. Continued momentum expected into Q4 with support from seasonal trends.