Blackstone stock closes higher as Barclays trims target; CPI and earnings loom
Blackstone shares rose 1.5% to $157.62 Friday, while Barclays cut its price target to $171 but kept a neutral rating. Trading volume lagged the 50-day average, and the stock remains about 17% below its 52-week high. Investors await U.S. CPI data Jan. 13 and Blackstone’s earnings Jan. 29.