What's Going On With Blackstone Stock Today
Portfolio Pulse from Ryan Gustafson
Blackstone Inc. (BX) shares are trading higher on Tuesday after Wells Fargo analyst Timothy O'Shea maintained an Overweight rating and raised the price target from $101 to $104. Blackstone is set to report second-quarter earnings in nine days with estimated earnings per share of 93 cents and revenue of $2.42 billion. BX stock experienced above-average trading volume of 4.63 million shares on Tuesday.
July 11, 2023 | 6:16 pm
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Blackstone's stock is trading higher after a positive rating and raised price target from Wells Fargo. The upcoming earnings report could also influence the stock's performance.
The positive rating and raised price target from Wells Fargo analyst Timothy O'Shea are likely driving the increase in Blackstone's stock price. The upcoming earnings report, if positive, could further boost the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100