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

Blackstone Inc. (NYSE:BX) is one of the most profitable NYSE stocks to buy right now. On December 12, Barclays analyst Benjamin Budish lifted the price target on Blackstone Inc. (NYSE:BX) to $172 from $165 and maintained an Equal Weight rating on the stock.

The firm told investors that it adjusted targets in the brokers, asset managers, and exchanges group as part of its 2026 outlook. It expects market conditions to look constructive going into 2026, especially for alternative asset managers and wealth brokers. However, for the exchanges and traditional asset managers, it sees a more mixed outlook.

In a separate development, Blackstone Inc. (NYSE:BX) announced on December 11 a forward flow origination partnership between Blackstone Credit & Insurance (BXCI) and Harvest Commercial Capital, LLC for the acquisition of business loans secured by first lien mortgages on owner-occupied commercial real estate. Harvest Commercial Capital, LLC is a leader in small business lending.

Management reported that BXCI has purchased an initial portfolio of loans and established a forward flow program for a total of $1 billion in loans, with the long-term partnership entailing the acquisition of small business loans from Harvest by BXCI. This includes both the SBA 504 and non-SBA conventional loans, offering permanent capital for the expansion of lending to small businesses across the United States.

Blackstone Inc. (NYSE:BX) also reported that Harvest will continue its operations as an independent entity, seeking benefit from Blackstone’s platform and scaled insurance capital base while maintaining its specialized expertise in SBA 504 and conventional small balance commercial loans.

Blackstone Inc. (NYSE:BX) provides investment and fund management services. The company’s operations are divided into the following segments: Real Estate, Private Equity, Credit and Insurance, and Hedge Fund Solutions.

While we acknowledge the potential of BX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.