Blackstone price target raised to $147 from $146 at BofA

BofA analyst Craig Siegenthaler raised the firm’s price target on Blackstone to $147 from $146 and keeps a Buy rating on the shares after Blackstone reported that BREIT filled 100% of repurchase requests. Following the news, the firm modestly raised its 2025 and 2026 EPS estimates to $6.55 and $7.71, respectively, stating that the end of repurchase request limits was in line with its prior expectations and that the next step will be reacceleration in sales levels.