10 Firms Mirror Wall Street Bloodbath

6. Blackstone Inc. (NYSE:BX)

Blackstone Inc. saw its share prices drop by 7.80 percent on Monday to close at $120.22 apiece after earning a series of bearish ratings from investment firms.

On Monday, Barclays gave BX a Hold rating and a price target of $136 apiece, representing a 13-percent upside from its last closing price.

Last week, Wells Fargo gave the company a Hold rating but a price target higher than Barclays, at $139, or a 15.6-percent upside from its Monday closing price.

According to Wells Fargo, the rating took into account the near-term headwinds for the company, such as trade tensions and potential credit losses that could impact its performance.

BX is one of the leading alternative asset managers globally with more than $1 trillion in assets under management. It boasts of managing more than 12,500 real estate assets and over 250 portfolio companies.