Wells Fargo Maintains Overweight on Blackstone, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timothy O'Shea has maintained an Overweight rating on Blackstone (NYSE:BX) and increased the price target from $127 to $130.
January 22, 2024 | 1:22 pm
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Wells Fargo analyst Timothy O'Shea reaffirmed an Overweight rating on Blackstone and raised the price target to $130.
The increase in price target by a reputable analyst typically signals a positive outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and a possible short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100