Barclays downgrades Blackstone shares after firm limits withdrawals from real estate fund

Barclays downgrades Blackstone shares after firm limits withdrawals from real estate fund

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Barclays sees a challenging near-term ahead for Blackstone after the investment firm on Thursday limited withdrawals from its large retail real estate fund. The bank downgraded shares of Blackstone to equal weight from overweight and cut its price target to $90 from $98. That implies upside of…

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