Analysts have been eager to weigh in on the Financial sector with new ratings on Blackstone Secured Lending Fund (BXSL – Research Report), Palomar Holdings (PLMR – Research Report) and Ares Management (ARES – Research Report).
Blackstone Secured Lending Fund (BXSL)
In a report released yesterday, Melissa Wedel from J.P. Morgan maintained a Buy rating on Blackstone Secured Lending Fund, with a price target of $32.00. The company’s shares closed last Wednesday at $31.73, close to its 52-week high of $32.67.
According to TipRanks.com, Wedel is a 4-star analyst with an average return of
Blackstone Secured Lending Fund has an analyst consensus of Strong Buy, with a price target consensus of $31.47, implying a -1.8% downside from current levels. In a report released yesterday, Compass Point also maintained a Buy rating on the stock with a $31.25 price target.
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Palomar Holdings (PLMR)
In a report issued on May 6, Pablo Singzon from J.P. Morgan maintained a Hold rating on Palomar Holdings, with a price target of $88.00. The company’s shares closed last Wednesday at $84.76, close to its 52-week high of $86.26.
According to TipRanks.com, Singzon is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Palomar Holdings with a $86.67 average price target, implying a 2.6% upside from current levels. In a report issued on May 3, JMP Securities also reiterated a Hold rating on the stock.
Ares Management (ARES)
In a report issued on May 6, Ken Worthington from J.P. Morgan maintained a Buy rating on Ares Management, with a price target of $141.00. The company’s shares closed last Wednesday at $138.67, close to its 52-week high of $140.35.
According to TipRanks.com, Worthington is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ares Management with a $145.38 average price target, which is a 6.7% upside from current levels. In a report issued on May 7, TD Cowen also initiated coverage with a Buy rating on the stock with a $154.00 price target.
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