Wells Fargo Maintains Overweight on Blackstone Mortgage Trust, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Donald Fandetti has maintained an Overweight rating on Blackstone Mortgage Trust (NYSE:BXMT) and raised the price target from $19 to $22.
September 20, 2024 | 2:43 pm
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Wells Fargo has maintained an Overweight rating on Blackstone Mortgage Trust and increased the price target from $19 to $22, indicating a positive outlook.
The increase in price target from $19 to $22 by Wells Fargo suggests a positive outlook for Blackstone Mortgage Trust. The Overweight rating indicates that the analyst expects the stock to outperform its peers, which could lead to a positive short-term impact on the stock price.
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