What the Options Market Tells Us About Blackstone
Portfolio Pulse from Benzinga Insights
Investors have shown mixed sentiment in Blackstone (NYSE:BX) options, with equal bullish and bearish positions. Benzinga's options scanner revealed 10 transactions, with a price target range of $110 to $125. Blackstone, a major asset manager with $1.001 trillion AUM, is currently trading at $120.58, down by -1.44%. Analysts have mixed reviews, with an average target price of $132. The company's earnings release is expected in 16 days.
January 09, 2024 | 4:16 pm
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NEUTRAL IMPACT
Blackstone's options activity indicates mixed sentiment, with a price target range of $110 to $125. Analysts have mixed ratings with an average price target of $132. The stock is currently down, and earnings are expected soon, which could influence the stock price.
The mixed sentiment in options trading and the upcoming earnings release create uncertainty, which could lead to a neutral short-term impact on BX's stock price. Analysts' downgrades and the stock's current negative performance may also weigh on investor sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100