Piper Sandler Sticks to Their Hold Rating for Blackstone Group (BX)
In a report released today, Crispin Love from Piper Sandler maintained a Hold rating on Blackstone Group, with a price target of $122.00.
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Love covers the Financial sector, focusing on stocks such as PennyMac Financial, Blue Owl Capital, and SEI Investments Company. According to TipRanks, Love has an average return of 4.9% and a 49.30% success rate on recommended stocks.
In addition to Piper Sandler, Blackstone Group also received a Hold from Goldman Sachs’s Alexander Blostein in a report issued yesterday. However, on April 5, Bank of America Securities maintained a Buy rating on Blackstone Group (NYSE: BX).
Based on Blackstone Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.36 billion and a net profit of $1.02 billion. In comparison, last year the company earned a revenue of $2.82 billion and had a net profit of $703.87 million
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BX in relation to earlier this year. Most recently, in February 2026, Ruth Porat, a Director at BX bought 523.00 shares for a total of $68,342.55.
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