UPDATE: Citigroup Reiterates on The Blackstone Group Following Investor Lunch

In a report published Wednesday, Citigroup analyst William R. Katz reiterated a Buy rating on The Blackstone Group (NYSE: BX ), and raised the price target from $33.00 to $35.00. In the report, Citigroup noted, “We affirm our Buy rating but raise our 12-month target $2 to a “Street” high