net_left Phương Thức Thanh Toán
Phương Thức Thanh Toán

Blackstone downgraded at Credit Suisse on decelerating retail platform contribution

By Sam Boughedda  Credit Suisse analysts downgraded shares of Blackstone (NYSE:BX) to Underperform from Neutral, reducing the firm's price target on the stock to $67.50 from $85.50...
Blackstone downgraded at Credit Suisse on decelerating retail platform contribution © Reuters. Blackstone downgraded at Credit Suisse on decelerating retail platform contribution
let atwWrapper,atwContainerWidth,atwSliderBox,atwTotalWidth; function initATWSlider() { atwWrapper = $('.relatedInstruments'); atwSliderBox = atwWrapper.find('.slider'); atwContainerWidth = atwWrapper.width(); atwTotalWidth = atwSliderBox.width(); if(window.domainId === '2' || window.domainId === '3'){ atwWrapper.find('.sliderRight').addClass('js-slider-prev'); atwWrapper.find('.sliderLeft').addClass('js-slider-next'); } else { atwWrapper.find('.sliderRight').addClass('js-slider-next'); atwWrapper.find('.sliderLeft').addClass('js-slider-prev'); } if(atwSliderBox.find('.instrumentBox').length > 6){ atwWrapper.find('.js-slider-next').fadeIn(600); } } function atwMoveRight() { atwWrapper.find('.js-slider-prev').fadeIn(150); $(".slider > :visible:first").hide(150) $(".slider > :visible:last").next().show(150); if(!$(".slider > :visible:last").next().find('.name')()){ atwWrapper.find('.js-slider-next').fadeOut(150); return; } } function atwMoveLeft() { atwWrapper.find('.js-slider-next').fadeIn(150); $(".slider > :visible:last").hide(150); $(".slider > :visible:first").prev().show(150); if(!$(".slider > :visible:first").prev().find('.name')()){ atwWrapper.find('.js-slider-prev').fadeOut(150); return; } } initATWSlider(); //update star icon on adding/removing instrument to/from specific watchlist atwWrapper.on('click', 'label.addRow', function() { let parent = $(this).parent(); let checkedPortfolio = false; parent.find('input[type=checkbox]').each(function () { if($(this).is(':checked')){ checkedPortfolio = true; } }); let closestStar = $(this).closest('.addToPortWrapper').find('.star'); if(checkedPortfolio){ closestStar.addClass('added'); }else{ closestStar.removeClass('added'); } }); //update star icon on creating new watchlist atwWrapper.find('.js-create-watchlist-portfolio').find('a.js-create').on('click',function () { let parent = $(this).parent(); let watchlistName = parent.find('input[type=text]').val(); if(!watchlistName){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); //update star icon on adding new position atwWrapper.find('.js-create-holdings-portfolio').find('.js-submit').on('click',function () { let addPositionForm = $(this).closest('.addToPortfolioPop').find('.holdingsContent'); let amount = addPositionForm.find('.js-amount').val(); if(amount < 1){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); atwWrapper.find('.instrumentBox').find('.shortInfo').on('click',function () { if(!window.ga){ return; } let pairId = $(this).parent().find('.js-add-to-portfolio').attr('data-pair-id'); let pairType = window.atwPairTypes[pairId]; window.ga('allSitesTracker.send', 'event', 'content', 'symbol link clicked', '', { "dimension147":"symbol_link_clicked", "dimension163":"click", "dimension148":"symbol", "dimension162":"content add to watchlist", "dimension161":"article page", "dimension142":"article", "dimension75":pairType, "dimension138":pairId, "dimension118":"2950027" }); window.open($(this).attr('data-href')); }); window.atwPairTypes = {"13933":"Equities"};

By Sam Boughedda 

Credit Suisse analysts downgraded shares of Blackstone (NYSE:BX) to Underperform from Neutral, reducing the firm's price target on the stock to $67.50 from $85.50 in a research note Tuesday.

The analysts said the firm has also reduced its 2023/24 Distributable Earnings (DE) per share estimates, while they are also now the lone negative rating on the "Street."

They explained that the firm's downgrade thesis is based on various factors, including a decelerating retail platform contribution, slowing overall and retail platform FRE contribution, FactSet Consensus' 23-24 DE estimates being 5% to 12%+ too high, and Credit Suisse seeing room for "additional absolute/relative Price-to-DE (P/DE) multiple compression."

"We believe BX's retail product platform momentum is rapidly decelerating, with flagship BREIT now in net third party redemptions, with mixed lead indicators while BCRED is also slowing. Putting BREIT in historical context to other flagship funds (that previously dominated the Retail channel at-large), would signal further tactical flow headwinds. Rising competition may erode the firm's heretofore dominant first mover advantage as new products launch over time, the result of which is likely to slow economic contribution, even as we contemplate still very early days thematically for the industry to gain share in the Retail Alternatives democratization opportunity," wrote the analysts.

"We see FRE growth decelerating, and likely deeper than modeled by the 'Street.' If our model is correct Retail product contribution, a significant driver over the past several years to overall FRE, is likely to slow while BX is likely to generate lower FRPR, all of which may pressure overall FRE growth. Indeed, we now project FRE to grow at a relatively modest ~11% 3-year CAGR through '24," they added. "FactSet Consensus DE estimates are ~5% too high for '23 and ~12%+ too aggressive in '24, notwithstanding a decisive upturn in monetization, the latter broadly facing decelerating trends versus elevated 2020-2021 market dynamics."

Blackstone shares are down 2.8%, trading around the $87.33 mark at the time of writing.

Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
28-11-2022 09:35:56 (UTC+7)

EUR/USD

1.0358

-0.0037 (-0.36%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (0)

EUR/USD

1.0358

-0.0037 (-0.36%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (0)

GBP/USD

1.2041

-0.0052 (-0.43%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (1)

USD/JPY

138.43

-0.68 (-0.49%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (6)

AUD/USD

0.6687

-0.0062 (-0.92%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

USD/CAD

1.3448

+0.0070 (+0.53%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

EUR/JPY

143.37

-1.23 (-0.85%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (5)

EUR/CHF

0.9798

-0.0027 (-0.28%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (2)

Gold Futures

1,749.05

-4.95 (-0.28%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Silver Futures

21.183

-0.247 (-1.15%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (11)

Sell (0)

Copper Futures

3.5675

-0.0630 (-1.74%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

Crude Oil WTI Futures

74.51

-1.77 (-2.32%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (0)

Brent Oil Futures

81.80

-1.91 (-2.28%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (0)

Natural Gas Futures

7.272

-0.058 (-0.79%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (5)

Sell (2)

US Coffee C Futures

164.40

+1.65 (+1.01%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

3,962.41

+0.42 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (2)

S&P 500

4,026.12

-1.14 (-0.03%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (2)

DAX

14,541.38

+1.82 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (3)

Sell (2)

FTSE 100

7,486.67

+20.07 (+0.27%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (1)

Hang Seng

17,112.00

-461.58 (-2.63%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

1,869.19

+6.37 (+0.34%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (2)

IBEX 35

8,416.60

+37.20 (+0.00%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

BASF SE NA O.N.

49.605

-0.280 (-0.56%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (4)

Bayer AG NA

55.45

-0.06 (-0.11%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (6)

Allianz SE VNA O.N.

205.35

+0.40 (+0.20%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

Adidas AG

123.98

-2.68 (-2.12%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

Deutsche Lufthansa AG

7.567

+0.036 (+0.48%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (9)

Siemens AG Class N

132.06

+1.10 (+0.84%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Deutsche Bank AG

10.390

+0.020 (+0.19%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

    EUR/USD 1.0358 ↑ Buy  
    GBP/USD 1.2041 ↑ Buy  
    USD/JPY 138.43 ↑ Sell  
    AUD/USD 0.6687 ↑ Buy  
    USD/CAD 1.3448 ↑ Sell  
    EUR/JPY 143.37 Sell  
    EUR/CHF 0.9798 Neutral  
    Gold 1,749.05 ↑ Buy  
    Silver 21.183 ↑ Buy  
    Copper 3.5675 ↑ Buy  
    Crude Oil WTI 74.51 ↑ Buy  
    Brent Oil 81.80 ↑ Buy  
    Natural Gas 7.272 Buy  
    US Coffee C 164.40 ↑ Sell  
    Euro Stoxx 50 3,962.41 ↑ Buy  
    S&P 500 4,026.12 Neutral  
    DAX 14,541.38 ↑ Buy  
    FTSE 100 7,486.67 ↑ Buy  
    Hang Seng 17,112.00 ↑ Buy  
    Small Cap 2000 1,869.19 ↑ Buy  
    IBEX 35 8,416.60 Sell  
    BASF 49.605 Neutral  
    Bayer 55.45 Sell  
    Allianz 205.35 ↑ Buy  
    Adidas 123.98 Neutral  
    Lufthansa 7.567 ↑ Sell  
    Siemens AG 132.06 ↑ Buy  
    Deutsche Bank AG 10.390 ↑ Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,650/ 6,720
(6,650/ 6,720) # 1,486
SJC HCM6,660/ 6,740
(0/ -20) # 1,505
SJC Hanoi6,660/ 6,742
(0/ -20) # 1,507
SJC Danang6,660/ 6,742
(0/ -20) # 1,507
SJC Nhatrang6,660/ 6,742
(0/ -20) # 1,507
SJC Cantho6,660/ 6,742
(0/ -20) # 1,507
Cập nhật 28-11-2022 09:35:58
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,749.23 -5.14 -0.29%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V24.91025.400
RON 95-III23.78024.250
E5 RON 92-II22.67023.120
DO 0.05S24.80025.290
DO 0,001S-V26.78027.310
Dầu hỏa 2-K24.64025.130
ↂ Giá dầu thô thế giới
WTI $74.48 +1.63 2.15%
Brent $81.69 +1.75 2.10%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.570,0024.840,00
EUR25.037,1426.436,75
GBP29.111,8930.350,56
JPY173,17183,32
KRW16,0419,54
Cập nhật lúc 09:13:46 28/11/2022
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán