Expert Outlook: Blackstone Through The Eyes Of 9 Analysts
Portfolio Pulse from Benzinga Insights
Blackstone (NYSE:BX) has been analyzed by 9 analysts, showing a range of sentiments from bullish to bearish. The average 12-month price target is $139.89, up 5.48% from the previous target. Analysts have adjusted their ratings and price targets, reflecting their views on Blackstone's market position. Despite a decline in revenue growth and challenges in profitability, Blackstone's ROE remains strong. The company faces high debt levels, which may indicate financial strain.
August 27, 2024 | 1:00 pm
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Blackstone has received mixed analyst ratings, with a 5.48% increase in the average price target to $139.89. Analysts have adjusted their ratings, reflecting varied sentiments. Despite a decline in revenue growth and profitability challenges, Blackstone's ROE is strong. However, high debt levels may indicate financial strain.
The article provides a comprehensive analysis of Blackstone's current analyst ratings and financial performance. The increase in the average price target suggests a positive outlook, but the mixed ratings and financial challenges, such as declining revenue growth and high debt levels, balance the sentiment. This results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100