Morgan Stanley Maintains Overweight on Blackstone, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Overweight rating on Blackstone (NYSE:BX) but lowered the price target from $125 to $120.

October 20, 2023 | 12:00 pm
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Morgan Stanley has maintained an Overweight rating on Blackstone but lowered the price target from $125 to $120.
The news is directly about Blackstone. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook. However, the impact on the stock price is uncertain in the short term as it depends on how investors interpret this news.
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IMPORTANCE 80
RELEVANCE 100