Market Overview

UPDATE: Jefferies Raises PT on The Blackstone Group LP Following Investor Day

Related BX
Earnings Scheduled For February 1, 2018
Benzinga Pro's 7 Stocks To Watch Today
Blackstone, Celanese scuttle cigarette JV following EU opposition (Seeking Alpha)

In a report published Monday, Jefferies analyst Daniel T. Fannon reiterated a Buy rating on The Blackstone Group LP (NYSE: BX), and raised the price target from $23.00 to $25.00.

In the report, “On Friday we attended BX's investor day. The themes across all business segments were positive if not euphoric, reflecting both company-specific trends as well as secular tailwinds. Over the next 12-18 months, the realization cycle is poised to accelerate and asset growth should continue with a focus on new and innovative product introductions.”

The Blackstone Group LP closed on Friday at $21.75.

Latest Ratings for BX

Feb 2018JP MorganDowngradesOverweightNeutral
Jan 2018JP MorganUpgradesNeutralOverweight
Oct 2017Morgan StanleyMaintainsOverweight

View More Analyst Ratings for BX
View the Latest Analyst Ratings

Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings


Related Articles (BX)

View Comments and Join the Discussion!