BMO Capital Maintains Market Perform on Blackstone, Raises Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Etienne Ricard has maintained a 'Market Perform' rating on Blackstone (NYSE:BX) and increased the price target from $95 to $101. This adjustment reflects a positive outlook on the company's performance and potential growth.

January 26, 2024 | 2:03 pm
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POSITIVE IMPACT
BMO Capital has maintained a 'Market Perform' rating on Blackstone and raised the price target to $101, indicating a positive sentiment towards the company's future performance.
The increase in price target by BMO Capital suggests that the analyst sees potential for Blackstone's stock price to rise, which could positively influence investor sentiment and the stock's short-term performance. The 'Market Perform' rating indicates that the stock is expected to perform in line with the market, but the raised target implies a belief in the company's ability to grow or outperform previous expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100