Blackstone (BX) Tops Q4 EPS by 18c

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The Blackstone Group (BX) PT, Estimates Raised at Jefferies Post Q4

January 30, 2015 8:53 AM EST

Jefferies reiterated a Buy rating and boosted its price target on The Blackstone Group (NYSE: BX) to $42.00 (from $40.00) following results.

Analyst Daniel Fannon commented, "BX's 4Q14 operating results were above our and street expectations reflecting stronger than anticipated PE and RE perf fees.... More