This Is What Whales Are Betting On Blackstone
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Blackstone (NYSE:BX) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 43% bullish and 56% bearish. The targeted price range for Blackstone over the last 3 months has been $100.0 to $120.0. Analysts from Wells Fargo, BMO Capital, Barclays, HSBC, and Morgan Stanley have maintained their ratings on Blackstone, with price targets ranging from $94 to $120.
October 23, 2023 | 3:30 pm
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Unusual options activity indicates a significant bearish stance on Blackstone. Analysts' ratings and price targets suggest mixed outlook.
The bearish options activity indicates that large investors are expecting Blackstone's stock price to decrease. However, analysts' ratings and price targets vary, suggesting a mixed outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100