Goldman Sachs Downgrades The Blackstone Group (BX) to Neutral, Removes from Conviction Buy List

April 11, 2011 7:11 AM EDT
Get Alerts BX Hot Sheet
Price: $143.93 -3.61%

Rating Summary:
    15 Buy, 15 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded The Blackstone Group (NYSE: BX) from Conviction Buy List to Neutral, with the stock within 5 percent of their price target.

The analyst expect 1Q results to illustrate the strength of BX's diverse platform and recovery in portfolio values.

For more ratings news on The Blackstone Group click here and for the rating history of The Blackstone Group click here.

Shares of The Blackstone Group closed at $18.49 yesterday.


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