The Analyst Verdict: Blackstone Mortgage Trust In The Eyes Of 8 Experts
Portfolio Pulse from Benzinga Insights
Blackstone Mortgage Trust (NYSE:BXMT) has been analyzed by 8 analysts, revealing mixed sentiments. The average 12-month price target is $19.19, a 6.39% decrease from the previous $20.50. Analysts have recently lowered their price targets, reflecting concerns over the company's financial performance, including a decline in revenue growth and profitability challenges.
June 18, 2024 | 5:00 pm
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Blackstone Mortgage Trust (NYSE:BXMT) has received mixed analyst ratings, with a lowered average price target of $19.19. The company's recent financial performance shows a decline in revenue growth and profitability challenges, which may impact investor sentiment.
The lowered average price target and recent downgrades by multiple analysts indicate a bearish sentiment. The company's financial performance, including a decline in revenue growth and profitability challenges, further supports a negative short-term outlook.
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IMPORTANCE 80
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