JPMorgan Cuts PT on Blackstone Inc. (BX) to $122 From $158 – Here’s Why

Blackstone Inc. (NYSE:BX) is one of the best stocks with huge upside potential to buy according to Reddit.

JPMorgan cut the price target on Blackstone Inc. (NYSE:BX) to $122 from $158 on March 3, maintaining a Neutral rating on the shares. It stated that the company’s BCRED, the largest non-traded business development company and flagship credit wealth product with $82.5 billion of total investments at fair value, indicated Q1 redemption requests for 7.9% of the December 2025 net asset value, highlighting a “notable uptick” from redemption requests of 4.5% Q4. JPMorgan cut the stock’s estimates to reflect the net flows’ impact on management fees.

Blackstone Inc. (NYSE:BX) also received a rating update from Barclays on March 2, with the firm cutting the price target on the stock to $126 from $164 while reiterating an Equal Weight rating on the shares. The rating update came after the firm revised estimates across the alternative asset manager group. The firm told investors in a research note that although it is too early to gauge the real AI impact on portfolio companies, Barclays cut business development company-related earnings on lower flow assumptions and realization.

In another development, RBC Capital initiated coverage of Blackstone Inc. (NYSE:BX) with an Outperform rating and a $179 price target on February 23. The firm told investors that Blackstone Inc. (NYSE:BX) holds a “first-mover advantage” as the first alternatives firm to launch a private wealth team, and will be a beneficiary of secular retail growth over the medium-term, coupled with an improving real estate cycle that is gaining momentum.

Blackstone Inc. (NYSE:BX) provides investment and fund management services. The company operates through the following segments: Real Estate, Private Equity, Credit and Insurance, and Hedge Fund Solutions.

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