Blackstone reaches record $1 trillion in assets; Q2 earnings slump
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JPMorgan Downgrades The Blackstone Group (BX) to Neutral
July 21, 2023 6:02 AM EDTJPMorgan analyst Kenneth B. Worthington downgraded The Blackstone Group (NYSE: BX) from Overweight to Neutral with a price target of $111.00 (from $102.00).
The analyst comments "We are Downgrading Blackstone to Neutral from Overweight. In our opinion, Blackstone remains a best-in-class alternative asset... More
Blackstone (BX) hits $1 trillion in AUM
July 20, 2023 11:20 AM EDTBlackstone (NYSE: BX) shares dipped in the early part of Thursday's session after it reported earnings in line with analyst consensus expectations.
The alternative investment management company reported Q2 EPS of $0.93, in-line with the analyst estimate of $0.93, but down 38% YoY. Revenue for... More
