Blackstone shares are trading higher following a report suggesting the company is considering a sale of its minority stake in HH Global. Also, Piper Sandler maintained an Overweight rating on the stock and raised its price target from $134 to $149.
Portfolio Pulse from Benzinga Newsdesk
Blackstone shares are trading higher following a report suggesting the company is considering a sale of its minority stake in HH Global. Additionally, Piper Sandler maintained an Overweight rating on the stock and raised its price target from $134 to $149.
July 19, 2024 | 4:05 pm
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Blackstone shares are trading higher due to a report suggesting the company is considering selling its minority stake in HH Global. Piper Sandler also maintained an Overweight rating and raised its price target from $134 to $149.
The potential sale of a minority stake in HH Global could unlock value for Blackstone, positively impacting its stock price. Additionally, Piper Sandler's maintained Overweight rating and increased price target provide further bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100