UPDATE: Citi Downgrades The Blackstone Group (BX) to Neutral

(Updated to correct price target)

Citi analyst William Katz downgraded The Blackstone Group (NYSE: BX) from Buy to Neutral with a price target of $57.50 (from $57.50).

For an analyst ratings summary and ratings history on The Blackstone Group click here. For more ratings news on The Blackstone Group click here.

Shares of The Blackstone Group closed at $58.95 yesterday.

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