Blackstone (BX) is making strides across the board. KBW raised its price target for the company in response to a strong quarterly earnings beat, though multiple management groups have decreased their stakes in the firm. BX announced an increased annual dividend, reflecting resilience post-crisis, risk-adjusted returns, and irresistible long-term value. However, investors are cautioned not to be too rash to invest before the upcoming dividend. The unfortunate loss of executive LePatner is mourned, highlighting industry leadership. Commerce Bank, American Assets Investment Management, and others fortify their holdings in BX as there are mixed sentiments about buying BX for its next dividend. The company is reopening its NYC headquarters, a decision Jim Cramer supports. Hoxton's investment in BX and the acquisition of shares by Banque Cantonale Vaudoise reflect growing interest. Strong Q2 financials have resulted in a stock rally and a raised price target. The company is expected to grow earnings and is noted for its resilience in high-volume trading strategies. BX's Pennsylvania Infrastructure Investment led to a 6.0% increase, with future growth expected due to continual beat in quarterly earnings estimates.
Blackstone BX News Analytics from Fri, 28 Mar 2025 07:00:00 GMT to Sat, 02 Aug 2025 12:52:58 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 1
