Morgan Stanley Maintains Overweight on Blackstone, Raises Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Overweight rating on Blackstone (NYSE:BX) and raised the price target from $115 to $116.
July 18, 2023 | 1:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Blackstone and raised the price target, indicating a positive outlook for the company.
The Overweight rating maintained by Morgan Stanley indicates that they believe Blackstone's stock will outperform the market in the future. The increase in the price target from $115 to $116 suggests that they expect the stock's price to rise, which could have a positive impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100