Wells Fargo Maintains Overweight on Blackstone Mortgage Trust, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Donald Fandetti maintains an Overweight rating on Blackstone Mortgage Trust (NYSE:BXMT) but lowers the price target from $20 to $19.
July 25, 2024 | 6:10 pm
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Wells Fargo analyst Donald Fandetti maintains an Overweight rating on Blackstone Mortgage Trust (NYSE:BXMT) but lowers the price target from $20 to $19.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on BXMT's stock price.
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