Blackstone price target raised to $195 from $180 at Citizens JMP

Citizens JMP raised the firm’s price target on Blackstone (BX) to $195 from $180 and keeps an Outperform rating on the shares. Blackstone reported strong Q2 results, and the strength in earnings was broad-based and most underlying business trends remain quite healthy into the second half of 2025, the analyst tells investors in a research note. It is a particularly interesting time for Blackstone, the trajectory of earnings, and the outlook for the stock, as strong secular trends, coupled with a cyclical recovery in capital markets activity is a powerful combination, the firm says.