Blackstone (BX) Reports Strong Q4 Earnings, Citizens Maintains Market Outperform Rating
Blackstone Inc. (NYSE:BX) ranks among the biggest publicly traded asset managers. On January 30, Goldman Sachs reduced its price target for Blackstone Inc. (NYSE:BX) to 166 while keeping a Neutral rating on the asset manager. The revision came as Goldman Sachs forecasted a 12% compound annual growth rate in Blackstone’s core management fees between 2025-2028, with a 16% fee-related earnings (FRE) CAGR during the same timeframe. According to the firm, Blackstone Inc. (NYSE:BX) is trading at abo ...