Blackstone (NYSE:BX) reported its Q1 results, with EPS of $1.55 coming in above the Street estimate of $1.09. However, the market is not impressed with the beat, with the stock closing almost 2% lower today.

According to the analysts at Oppenheimer, the company produced another stellar set of results on all fronts in Q1, but the whole "Alt" group is selling off again.

The analysts stated that they are impressed by the results and view the shares as much more attractive now. They reiterated their perform rating.