Citigroup Maintains Neutral on Blackstone, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Chris Allen maintains a Neutral rating on Blackstone (NYSE:BX) but raises the price target from $157 to $170.
October 18, 2024 | 6:28 pm
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Citigroup has maintained a Neutral rating on Blackstone but increased the price target from $157 to $170, indicating a positive outlook.
The increase in price target from $157 to $170 suggests a positive outlook for Blackstone, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100