Blackstone (BX) News Today

Blackstone Inc. (NYSE:BX) shares are seeing movement today following a series of analyst price-target revisions and strategic corporate actions.

• Positive Sentiment: Evercore ISI raised its price objective on Blackstone to $165 from $152 and reiterated an “outperform” rating, implying about 1.7% upside Evercore ISI Price Target Raise
• Positive Sentiment: Barclays lifted its target to $168 from $136 with an “equal weight” rating, pointing to roughly 3.6% upside Barclays Price Target Raise
• Positive Sentiment: Wells Fargo boosted its price target to $167 from $153 and kept an “equal weight” rating, signaling about 3.0% potential upside Wells Fargo Price Target Raise
• Positive Sentiment: Warehouse REIT PLC directors withdrew backing for a rival bid and unanimously recommended Blackstone’s improved offer—Blackstone now owns a 10.49% stake in Warehouse REIT Warehouse REIT Recommendation
• Positive Sentiment: Blackstone’s Flushing retail complex is up for sale with proceeds expected around $425 million, potentially enhancing liquidity Flushing Retail Sale
• Positive Sentiment: Formed a long-term partnership with Legal & General to strengthen annuities and asset-management platforms, broadening its offerings L&G Partnership
• Positive Sentiment: Purchased Vista’s stake in Cvent for $1.3 billion, expanding its footprint in technology services Cvent Stake Acquisition
• Negative Sentiment: Citigroup set a $160 target with a “neutral” rating, implying about a 1.4% downside from current levels Citigroup Price Target