Barclays analyst Benjamin Budish raised the firm’s price target on Blackstone (BX) to $136 from $129 and keeps an Equal Weight rating on the shares following the Q1 report. Macro uncertainty seems likely to weigh on realization activity, but the company “otherwise appears well positioned in a number of secular growth areas,” such as investment grade private credit, private wealth, and infrastructure, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BX:
- Blackstone Group: Hold Rating Amid Strong Q1 Performance and Near-Term Headwinds
- Blackstone Group: A Strong Buy Amidst Economic Uncertainty with 16% Upside Potential
- Blackstone Reports Strong Q1 2025 Results
- Blackstone’s Earnings Call: Record Growth Amid Challenges
- BX Earnings: Blackstone Stock Jumps Despite Mixed Q1 Results
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue