Blackstone Inc. (BX) has experienced
significant shifts in buying and selling activity. Various organizations, including
Strategic Financial Concepts, Fairvoy Private Wealth, Robeco Institutional Asset Management, Country Trust Bank, and
Sargent Investment Group, have either newly invested or expanded their stakes. Simultaneously, others like
Abdrn plc, Appleton Partners, Cullinan Associates, and
U.S. Capital Wealth Advisors have sold a portion of their shares. Noteworthy,
BX's price target has been updated by JPMorgan, Barclays, and Keefe, Bruyette & Woods, and Citigroup forecasting
strong price appreciation.
The firm's
earnings and revenue surpass estimates, and they've announced significant
QC earnings and dividends. Its
financial performance has shown resilience with a surge in profit due to a rebound in dealmaking. Blackstone's confident in their sizable investment in data centers. It predicts a
rise in M&A boosting Collateralized Loan Obligation Sales come 2025.
Acquisitions include AI Fire and a significant stake in a Virginia power plant near a data center hub.
Several share and asset moves among initiatives have been recorded.
Blackstone BX News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 08 Feb 2025 11:12:45 GMT -
Rating 7
- Innovation 2
- Information 9
- Rumor 3
