What Analysts Are Saying About Blackstone Mortgage Trust Stock
Portfolio Pulse from Benzinga Insights
Analysts have mixed opinions on Blackstone Mortgage Trust (NYSE:BXMT) with recent ratings showing a range from bullish to indifferent. The average 12-month price target has decreased to $19.25 from $20.00. Key analysts have adjusted their ratings and price targets, reflecting dynamic market conditions and company performance.
July 19, 2024 | 12:01 pm
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Analysts have mixed opinions on Blackstone Mortgage Trust (NYSE:BXMT) with recent ratings showing a range from bullish to indifferent. The average 12-month price target has decreased to $19.25 from $20.00. Key analysts have adjusted their ratings and price targets, reflecting dynamic market conditions and company performance.
The mixed analyst ratings and the decrease in the average 12-month price target suggest a neutral short-term impact on BXMT's stock price. While there is a bullish rating, the overall sentiment is more cautious, reflecting recent financial challenges and market conditions.
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IMPORTANCE 80
RELEVANCE 100