Blackstone BX is engaged in various strategic maneuvers including asset sales and acquisitions, as well as expansion into the retirement savings market. Notably, the company is in the race to incorporate private assets into the 401(k) market. There's also increased investment activity surrounding Blackstone with companies like Ariston Services Group and United Bank increasing their stakes in Blackstone. The company has set its sight on a $17B deal with Hologic, as well as considering a possible takeover of Big Yellow Group. Despite some shares being offloaded by various entities, Blackstone continues to secure additional funds as highlighted by the company's amended $4.325 billion credit facility issuance. Strategic asset sales such as the $730M Manhattan Tower Sale combined with steady share price performance underpin Blackstone's robust financial picture. Also noteworthy are Blackstone's earnings growth expectations. The company's price target has been raised to $179 at HSBC, implying a potential upside. Citigroup, however, has lowered its price target for Blackstone but maintained a neutral recommendation.
Blackstone BX News Analytics from Thu, 24 Jul 2025 07:00:00 GMT to Sat, 18 Oct 2025 18:41:49 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor -2
