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The Goldman Sachs Group Lowers Blackstone (NYSE:BX) Price Target to $116.00
The Goldman Sachs Group has reduced its price target for Blackstone (NYSE:BX) to $116.00, while maintaining a “neutral” rating, indicating a potential downside of 4.74%. Despite this, Blackstone’s fundamentals appear strong, with a Q1 earnings beat, record fee-earning AUM, and a dividend increase. Analyst opinions are mixed, with several firms lowering targets but Oppenheimer raising its target, resulting in a consensus “Moderate Buy” rating with an average target price of $151.36.