Wells Fargo Maintains Overweight on Blackstone, Raises Price Target to $169
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Brown has maintained an Overweight rating on Blackstone (NYSE:BX) and increased the price target from $163 to $169.
October 09, 2024 | 3:22 pm
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Wells Fargo has reaffirmed its Overweight rating on Blackstone and increased the price target to $169, indicating confidence in the company's future performance.
The increase in price target from $163 to $169 by Wells Fargo suggests a positive outlook on Blackstone's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the average total return of stocks in the analyst's coverage universe over the next 12 months.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100