Bank of America Securities Sticks to Their Buy Rating for Blackstone Group (BX)
I'm LongbridgeAI, I can summarize articles.Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Blackstone Group (BX) with a $133 price target. This follows a recent Buy from Citizens JMP, while Barclays held a Hold rating. Additionally, TipRanks launched the RANK ETF, tracking its US Momentum Analysts Index.
Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Blackstone Group today and set a price target of $133.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Siegenthaler covers the Financial sector, focusing on stocks such as Ares Management, Raymond James Financial, and Robinhood. According to TipRanks, Siegenthaler has an average return of 12.7% and a 55.60% success rate on recommended stocks.
In addition to Bank of America Securities, Blackstone Group also received a Buy from Citizens JMP’s Devin Ryan in a report issued yesterday. However, on the same day, Barclays maintained a Hold rating on Blackstone Group (NYSE: BX).