<div id="readability-page-1"><p><span>Blackstone Secured Lending Fund (NYSE:BXSL - Get Free Report)</span> had its price objective cut by stock analysts at Truist Financial  from $33.00 to $30.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a &#34;buy&#34; rating on the stock. Truist Financial's price objective would suggest a potential upside of 23.66% from the stock's current price.</p><ul><li>Top 3 Business Development Companies for Double-Digit Dividends</li></ul><p>Other research analysts have also recently issued research reports about the company. Wall Street Zen cut Blackstone Secured Lending Fund from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Sunday. Wells Fargo &amp; Company lowered Blackstone Secured Lending Fund from an &#34;equal weight&#34; rating to an &#34;underweight&#34; rating and cut their target price for the stock from $26.00 to $24.00 in a research report on Wednesday, January 7th. Royal Bank Of Canada reduced their target price on Blackstone Secured Lending Fund from $29.00 to $28.00 and set an &#34;outperform&#34; rating for the company in a report on Tuesday. Keefe, Bruyette &amp; Woods dropped their price target on Blackstone Secured Lending Fund from $29.00 to $27.00 and set an &#34;outperform&#34; rating on the stock in a research note on Thursday, February 26th. Finally, Bank of America cut their price objective on Blackstone Secured Lending Fund from $33.50 to $29.00 and set a &#34;buy&#34; rating on the stock in a report on Friday, November 28th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one  has assigned  a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $28.13.</p><p><b>Read Our Latest Research Report on BXSL</b></p><h2>Blackstone Secured Lending Fund Stock Performance</h2><p>NYSE BXSL traded down $0.07 on Wednesday, reaching $24.26. The company's stock had a trading volume of 303,690 shares, compared to its average volume of 2,366,363. Blackstone Secured Lending Fund has a twelve month low of $23.30 and a twelve month high of $33.73. The firm's 50 day moving average is $25.59 and its two-hundred day moving average is $26.82. The stock has a market cap of $5.64 billion, a PE ratio of 9.86 and a beta of 0.43. </p><p>Blackstone Secured Lending Fund (NYSE:BXSL - Get Free Report) last released its earnings results on Wednesday, February 25th. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. Blackstone Secured Lending Fund had a net margin of 39.69% and a return on equity of 11.82%. The business had revenue of $196.54 million for the quarter, compared to the consensus estimate of $359.59 million.  Equities research analysts anticipate that  Blackstone Secured Lending Fund will post 3.54 EPS for the current fiscal year. </p><h2>Institutional Investors Weigh In On Blackstone Secured Lending Fund</h2><p>A number of large investors have recently added to or reduced their stakes in BXSL. Caitong International Asset Management Co. Ltd boosted its holdings in  Blackstone Secured Lending Fund by 60,616.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,643 shares of the company's stock valued at $96,000 after purchasing an additional 3,637 shares during the period.  Sankala Group LLC acquired a new stake in  Blackstone Secured Lending Fund during the fourth quarter worth about $79,000.  Invesco Ltd. increased its stake in  Blackstone Secured Lending Fund by 22.6% during the fourth quarter. Invesco Ltd. now owns 107,310 shares of the company's stock valued at $2,825,000 after acquiring an additional 19,807 shares during the period.  Strive Financial Group LLC acquired a new position in  Blackstone Secured Lending Fund in the 4th quarter valued at approximately $378,000.  Finally, Pillsbury Lake Capital LLC bought a new stake in shares of  Blackstone Secured Lending Fund in the 4th quarter worth approximately $2,651,000. Institutional investors own  36.49% of the company's stock. </p><h2>Blackstone Secured Lending Fund Company Profile</h2> (Get Free Report)<p>Blackstone Secured Lending Fund <span>NYSE: BXSL<span></span></span> is a closed-end management investment company sponsored by Blackstone Credit, the credit-oriented business of Blackstone Inc Launched in May 2020, BXSL seeks to deliver attractive risk-adjusted returns primarily through current income and, to a lesser extent, capital appreciation. The fund raises capital from institutional and retail investors and deploys it into a diversified portfolio of senior secured loans and other credit instruments. </p><p>The fund’s principal investment focus is on first-lien senior secured loans and unitranche debt extended to middle-market companies across North America.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Blackstone Secured Lending Fund</li><li>CSE: ALEN.U is targeting a fast-growing digital wellness market</li><li>New Copper-Rich “Kraken” Zone Discovered</li><li>Silver's squeeze is tightening - opportunity forming</li><li>Elon Warns “America Is Broke”. Trump’s Plan Inside.</li><li>America’s 1776 happening again</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJYU0w?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJYU0w"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Blackstone Secured Lending Fund Right Now?</h2><p>Before you consider Blackstone Secured Lending Fund, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blackstone Secured Lending Fund wasn't on the list.</p><p>While Blackstone Secured Lending Fund currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BXSL

<p>Truist Financial has lowered its price target for Blackstone Secured Lending Fund (NYSE:BXSL) from $33.00 to $30.00 while maintaining a "buy" rating. This suggests a potential upside of 23.66% from the current price of $24.26. Other analysts have also adjusted their ratings, with some downgrading the stock. Currently, BXSL has a consensus rating of "Moderate Buy" and an average price target of $28.13. The fund focuses on senior secured loans and has a market cap of $5.64 billion.</p>

Truist Financial Issues Pessimistic Forecast for Blackstone Secured Lending Fund (NYSE:BXSL) Stock Price