Blackstone Digital Infrastructure Trust (NYSE:BXDC - Get Free Report) was upgraded by Wall Street Zen to a "hold" rating in a research note issued on Saturday.
Several other brokerages also recently weighed in on BXDC. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued a "buy" rating and a $24.00 target price for the company. Bank of America started coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday, June 8th. They issued a "neutral" rating and a $22.50 price objective on the stock. Weiss Ratings raised shares of Blackstone Digital Infrastructure Trust from a "sell (d)" rating to a "sell (d+)" rating in a research report on Tuesday. Moffett Nathanson initiated coverage on Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They set a "neutral" rating and a $21.00 target price for the company. Finally, Morgan Stanley began coverage on Blackstone Digital Infrastructure Trust in a research report on Wednesday, June 10th. They set an "equal weight" rating and a $23.00 target price on the stock. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $23.71.
Check Out Our Latest Analysis on BXDC
Blackstone Digital Infrastructure Trust Trading Down 2.3%
Blackstone Digital Infrastructure Trust stock opened at $19.99 on Friday. Blackstone Digital Infrastructure Trust has a one year low of $19.20 and a one year high of $22.90. The business's 50 day moving average is $20.72.
Blackstone Digital Infrastructure Trust (NYSE:BXDC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.04. Sell-side analysts expect that Blackstone Digital Infrastructure Trust will post 0.35 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP bought a new stake in shares of Blackstone Digital Infrastructure Trust in the 2nd quarter valued at approximately $83,382,000. Fund 1 Investments LLC acquired a new position in Blackstone Digital Infrastructure Trust in the second quarter worth $2,731,000. Finally, Readystate Asset Management LP bought a new stake in Blackstone Digital Infrastructure Trust during the second quarter valued at $1,127,000.
Blackstone Digital Infrastructure Trust Company Profile
(
Get Free Report)
Blackstone Digital Infrastructure Trust is a REIT which focused on acquiring and owning mission-critical data center assets. Blackstone Digital Infrastructure Trust is based in NEW YORK.
Further Reading
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