Barclays Lifts PT on Blackstone (BX) to $172 From $165

Group 1: Company Overview - Blackstone Inc. (NYSE:BX) is recognized as one of the most profitable stocks on the NYSE to buy currently [1] - The company provides investment and fund management services, with operations divided into segments: Real Estate, Private Equity, Credit and Insurance, and Hedge Fund Solutions [5] Group 2: Analyst Insights - Barclays analyst Benjamin Budish raised the price target for Blackstone Inc. to $172 from $165 while maintaining an Equal Weight rating on the stock [1] - The firm adjusted targets in the brokers, asset managers, and exchanges group as part of its 2026 outlook, expecting constructive market conditions for alternative asset managers and wealth brokers [2] Group 3: Recent Developments - On December 11, Blackstone Inc. announced a forward flow origination partnership with Harvest Commercial Capital, LLC for acquiring business loans secured by first lien mortgages on owner-occupied commercial real estate [3] - BXCI has purchased an initial portfolio of loans and established a forward flow program totaling $1 billion in loans, focusing on small business loans including SBA 504 and non-SBA conventional loans [4] - Harvest will operate as an independent entity while leveraging Blackstone's platform and capital base, maintaining its expertise in small balance commercial loans [5]

Barclays Lifts PT on Blackstone (BX) to $172 From $165 - Reportify