Analyst Actions: The Blackstone Group L.P Resumed With Outperform And $54 Price Target At Credit Suisse
MIDNIGHT TRADER 4:54 AM ET 5/29/2015
Symbol Last Price Change
BX 43.35 -0.28 (-0.64%)
QUOTES AS OF 09:55:49 AM ET 05/29/2015
07:54 AM EDT, 05/29/2015 (MT Newswires) -- The Blackstone Group L.P(BX) shares were resumed by Credit Suisse with outperform and $54 price target.
Blackstone Group L.P. (BX) has been the most consistent alternative asset manager across the regions. Its consistent performance has helped it develop a strong franchise and the loyalty of limited partners. The company has attracted double-digit gross inflows of $77 billion across its businesses over the last year. When combined with strong fund performance, Blackstone’s asset-based expansion totaled more than $100 billion in the last 12 months. The first quarter of 2015 alone attracted $30 billion across its divisions.