Blackstone's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Options trading activity for Blackstone (NYSE:BX) shows a bearish sentiment among significant investors, with 53% of trades being bearish. The expected price range is $125 to $165. Analysts have mixed ratings, with a consensus target price of $154.2.
October 09, 2024 | 5:46 pm
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Options trading for Blackstone shows a bearish sentiment with 53% of trades being bearish. Analysts have mixed ratings, with a consensus target price of $154.2. The stock is currently trading at $148.5, down by 0.63%.
The options trading data indicates a bearish sentiment among significant investors, with a majority of trades being bearish. This suggests a potential short-term downward pressure on the stock price. Additionally, the mixed analyst ratings and the current stock price being below the consensus target further support a cautious outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100