Oppenheimer on Thursday upgraded Blackstone Inc. outperform from perform and reiterated recommendations on KKR & Co. Inc. Apollo Global Management Inc....
Oppenheimer on Thursday upgraded Blackstone Inc. BX outperform from perform and reiterated recommendations on KKR & Co. Inc. KKR, Apollo Global Management Inc. APO, Carlyle Group Inc. CG , GSM Grosvenor Inc.
and P10 Inc. PX. Analyst Chris Kotowski said Blackstone stock is now down about 43% from its high in November of 2021, even as its fee-paying assets under management has risen 36% since then. “We have long admired Blackstone as an industry leader with unquestionably the broadest, most diversified platform and a real distinguishing feature in its real estate business, but have been somewhat restrained by the... Oppenheimer on Thursday upgraded Blackstone Inc.
and P10 Inc. PX . Analyst Chris Kotowski said Blackstone stock is now down about 43% from its high in November of 2021, even as its fee-paying assets under management has risen 36% since then. “We have long admired Blackstone as an industry leader with unquestionably the broadest, most diversified platform and a real distinguishing feature in its real estate business, but have been somewhat restrained by the big premium it carried versus others in the group,” Kotowski said.
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