10 Analysts Assess Blackstone: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have provided a range of ratings for Blackstone (NYSE:BX) over the past three months, with a mix of bullish and neutral sentiments. The average 12-month price target has increased by 7.22% to $142.2. Blackstone, the largest alternative-asset manager, faces challenges with a revenue decline and high debt levels, but shows strong ROE. Analysts' ratings reflect their response to market conditions and company performance.
September 12, 2024 | 2:05 pm
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Blackstone (NYSE:BX) has received mixed analyst ratings, with a recent increase in the average price target to $142.2. Despite a revenue decline and high debt levels, the company shows strong ROE. Analysts' ratings reflect their response to market conditions and company performance.
The article provides a comprehensive overview of recent analyst ratings for Blackstone, highlighting a mix of bullish and neutral sentiments. The increase in the average price target suggests positive expectations, but the revenue decline and high debt levels present challenges. The strong ROE is a positive indicator, balancing the overall impact to a neutral short-term outlook.
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