Blackstone Secured Lending Fund price target raised to $29.50 from $28.00 at Raymond James

Raymond James analyst Robert Dodd raised the firm’s price target on Blackstone Secured Lending Fund to $29.50 from $28.00 and keeps an Outperform rating on the shares. Blackstone Secured’s Q2 results were above the firm’s estimates on higher fee income, and Raymond James sees an attractive risk/reward with the higher quality book and room for incremental upside, the analyst tells investors in a research note.