Piper Sandler Assumes Blackstone at Overweight, Announces Price Target of $150
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Crispin Love has initiated coverage on Blackstone (NYSE:BX) with an Overweight rating and set a price target of $150 for the company's stock.
December 20, 2023 | 5:07 pm
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POSITIVE IMPACT
Piper Sandler has assumed coverage on Blackstone with an Overweight rating and a price target of $150, indicating a positive outlook for the stock.
The initiation of coverage by Piper Sandler with an Overweight rating and a high price target suggests a strong vote of confidence in Blackstone's future performance. This positive analyst rating can often lead to a short-term increase in stock price as investors react to the endorsement by buying shares.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100