Navigating 4 Analyst Ratings For Blackstone
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Blackstone (NYSE:BX) over the past three months, with a recent positive shift in the 12-month price target, now averaging $130.00. Citigroup, TD Cowen, Goldman Sachs, and Piper Sandler have all provided updates, with Piper Sandler giving an 'Overweight' rating and the highest price target of $150.00. Blackstone, a leading alternative asset manager with $1.001 trillion AUM, has shown strong revenue growth but faces challenges in net margin, ROA, and debt management.
January 19, 2024 | 1:00 pm
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Blackstone has received mixed analyst ratings with a positive shift in the 12-month price target to $130.00. Strong revenue growth is a positive, but concerns over net margin, ROA, and debt management may weigh on investor sentiment.
The mixed analyst ratings and the recent increase in the price target suggest a neutral short-term impact on Blackstone's stock price. The positive revenue growth could be offset by concerns regarding net margin, ROA, and debt levels. The high relevance score is due to the direct mention and detailed analysis of Blackstone in the article. The importance is high as analyst ratings can influence investor decisions, but not at the maximum due to the mixed nature of the ratings. The confidence level is set at 85, reflecting the clear data provided but acknowledging the inherent uncertainty in market reactions to analyst ratings.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100