Check Out What Whales Are Doing With Blackstone
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Blackstone (NYSE:BX) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 30% bullish and 70% bearish. Whales have been targeting a price range from $65.0 to $130.0 for Blackstone over the last 3 months. The current price of BX is up 2.35% at $96.97. Major financial institutions have maintained their positive ratings on Blackstone, with price targets ranging from $105 to $120.
November 02, 2023 | 4:02 pm
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A large investor has taken a bearish stance on Blackstone (BX), with unusual options activity indicating a 70% bearish sentiment. The current price of BX is up 2.35% at $96.97. Major financial institutions have maintained their positive ratings on Blackstone.
The bearish stance taken by a large investor, as indicated by unusual options activity, could potentially drive the price of BX down in the short term. However, the positive ratings maintained by major financial institutions could provide some support to the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100