Wells Fargo Maintains Overweight on Blackstone, Raises Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Brown has maintained an Overweight rating on Blackstone (NYSE:BX) and raised the price target from $169 to $188.
October 18, 2024 | 1:47 pm
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POSITIVE IMPACT
Wells Fargo has increased its price target for Blackstone from $169 to $188, maintaining an Overweight rating. This suggests confidence in Blackstone's future performance.
The increase in price target from $169 to $188 by Wells Fargo indicates a positive outlook on Blackstone's future performance. The Overweight rating suggests that the analyst expects Blackstone to outperform its peers, which could lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100