Blackstone Reaches Analyst Target Price
November 03, 2021 at 08:24 AM EDT
In recent trading, shares of Blackstone Inc (BX) have crossed above the average analyst 12-month target price of $142.00, changing hands for $143.93/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..