Blackstone Digital Infrastructure Trust Inc. (BXDC) – What Are Researchers Saying About This Stock?

Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) has earned an average recommendation of “Hold” from the fourteen research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $23.46.

Several analysts recently commented on the stock. BMO Capital Markets decreased their price target on shares of Blackstone Digital Infrastructure Trust from $23.00 to $22.00 and set a “market perform” rating for the company in a report on Tuesday, August 4th. Weiss Ratings downgraded shares of Blackstone Digital Infrastructure Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, September 16th. Wall Street Zen raised shares of Blackstone Digital Infrastructure Trust to a “hold” rating in a research note on Saturday, August 29th. Finally, Citigroup upgraded shares of Blackstone Digital Infrastructure Trust from a “neutral” rating to a “buy” rating and lowered their price target for the company from $23.00 to $20.00 in a report on Monday, October 12th.

Blackstone Digital Infrastructure Trust Stock Up 4.1%

BXDC stock opened at $16.67 on Thursday. Blackstone Digital Infrastructure Trust has a one year low of $15.35 and a one year high of $22.90. The firm’s 50-day moving average price is $17.76.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BXDC. Sterling Capital Management LLC acquired a new stake in shares of Blackstone Digital Infrastructure Trust in the third quarter valued at about $36,000. Farther Finance Advisors LLC acquired a new stake in Blackstone Digital Infrastructure Trust during the third quarter worth about $102,000. Joel Isaacson & Co. LLC acquired a new position in Blackstone Digital Infrastructure Trust in the 3rd quarter valued at approximately $207,000. ProShare Advisors LLC acquired a new position in Blackstone Digital Infrastructure Trust in the 3rd quarter valued at approximately $214,000. Finally, Sowell Financial Services LLC bought a new stake in shares of Blackstone Digital Infrastructure Trust in the 3rd quarter worth approximately $249,000.

About Blackstone Digital Infrastructure Trust

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.