<div id="readability-page-1"><p><span>Blackstone Secured Lending Fund (NYSE:BXSL - Get Free Report)</span> was downgraded by research analysts at B. Riley Financial from a &#34;buy&#34; rating to a &#34;neutral&#34; rating in a research note issued on Thursday. They currently have a $24.50 price target on the stock. B. Riley Financial's target price suggests a potential upside of 5.93% from the company's previous close.</p><ul><li>Top 3 Business Development Companies for Double-Digit Dividends</li></ul><p>Several other brokerages have also weighed in on BXSL. JPMorgan Chase &amp; Co. dropped their target price on Blackstone Secured Lending Fund from $27.00 to $24.00 and set an &#34;overweight&#34; rating on the stock in a research report on Friday, March 13th. Wall Street Zen lowered shares of Blackstone Secured Lending Fund from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research report on Sunday, March 1st. Wells Fargo &amp; Company cut shares of Blackstone Secured Lending Fund from an &#34;equal weight&#34; rating to an &#34;underweight&#34; rating and dropped their price objective for the stock from $26.00 to $24.00 in a report on Wednesday, January 7th. Keefe, Bruyette &amp; Woods cut their price objective on shares of Blackstone Secured Lending Fund from $29.00 to $27.00 and set an &#34;outperform&#34; rating on the stock in a research report on Thursday, February 26th. Finally, UBS Group reduced their target price on shares of Blackstone Secured Lending Fund from $27.50 to $24.75 and set a &#34;neutral&#34; rating for the company in a research note on Friday, March 13th. Five equities research analysts have rated the stock with a Buy rating, three have issued  a Hold rating and one  has issued  a Sell rating to the stock. According to MarketBeat.com, Blackstone Secured Lending Fund  has an average rating of &#34;Hold&#34; and a consensus target price of $26.41.</p><p><b>View Our Latest Report on BXSL</b></p><h2>Blackstone Secured Lending Fund Price Performance</h2><p>NYSE BXSL opened at $23.13 on Thursday. The company has a market capitalization of $5.37 billion, a price-to-earnings ratio of 9.40 and a beta of 0.40. Blackstone Secured Lending Fund has a 12 month low of $23.04 and a 12 month high of $32.81. The company's fifty day moving average price is $24.26 and its two-hundred day moving average price is $25.88. </p><p>Blackstone Secured Lending Fund (NYSE:BXSL - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. The company had revenue of $196.54 million during the quarter, compared to analyst estimates of $359.59 million. Blackstone Secured Lending Fund had a return on equity of 11.82% and a net margin of 39.69%. As a group, analysts anticipate that  Blackstone Secured Lending Fund will post 3.54 EPS for the current year. </p><h2>Hedge Funds Weigh In On Blackstone Secured Lending Fund</h2><p>A number of large investors have recently made changes to their positions in BXSL. CWC Advisors LLC. grew its holdings in shares of  Blackstone Secured Lending Fund by 1.0% during the third quarter. CWC Advisors LLC. now owns 161,716 shares of the company's stock worth $4,216,000 after buying an additional 1,612 shares in the last quarter.  Sound Income Strategies LLC lifted its stake in  Blackstone Secured Lending Fund by 6.6% in the 3rd quarter. Sound Income Strategies LLC now owns 1,365,377 shares of the company's stock valued at $34,530,000 after acquiring an additional 84,599 shares in the last quarter.  Fiduciary Alliance LLC lifted its stake in  Blackstone Secured Lending Fund by 24.5% in the 3rd quarter. Fiduciary Alliance LLC now owns 12,450 shares of the company's stock valued at $325,000 after acquiring an additional 2,446 shares in the last quarter.  Cooper Financial Group boosted its position in  Blackstone Secured Lending Fund by 14.3% during the 3rd quarter. Cooper Financial Group now owns 11,452 shares of the company's stock worth $299,000 after acquiring an additional 1,437 shares during the last quarter.  Finally, Sonora Investment Management Group LLC grew its stake in shares of  Blackstone Secured Lending Fund by 5.3% during the 3rd quarter. Sonora Investment Management Group LLC now owns 63,287 shares of the company's stock worth $1,650,000 after acquiring an additional 3,168 shares in the last quarter. Institutional investors and hedge funds own  36.49% of the company's stock. </p><h2>About Blackstone Secured Lending Fund</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>Further Reading</h2><ul><li>Five stocks we like better than Blackstone Secured Lending Fund</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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BXSL

<p>B. Riley Financial downgraded Blackstone Secured Lending Fund (NYSE:BXSL) from a "buy" to a "neutral" rating, setting a price target of $24.50, indicating a potential upside of 5.93%. Other brokerages have also adjusted their ratings and price targets for BXSL, with an average rating of "Hold" and a consensus target price of $26.41. The stock opened at $23.13, with a market cap of $5.37 billion and a P/E ratio of 9.40. Analysts expect the company to post an EPS of 3.54 for the current year.</p>

Blackstone Secured Lending Fund (NYSE:BXSL) Downgraded by B. Riley Financial to Neutral