Blackstone Digital Infrastructure Trust (NYSE:BXDC) Now Covered by Analysts at Bank of America

Bank of America began coverage on shares of Blackstone Digital Infrastructure Trust (NYSE:BXDC) in a report issued on Monday. The firm set a “neutral” rating and a $22.50 price target on the stock. Bank of America‘s target price would suggest a potential upside of 3.26% from the stock’s current price.

Several other equities research analysts have also issued reports on the company. Sanford C. Bernstein assumed coverage on Blackstone Digital Infrastructure Trust in a research report on Monday. They set an “outperform” rating and a $26.00 target price for the company. Royal Bank Of Canada initiated coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday. They issued an “outperform” rating and a $24.00 price target on the stock. Barclays started coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday. They set an “overweight” rating and a $24.00 price objective for the company. Wells Fargo & Company began coverage on shares of Blackstone Digital Infrastructure Trust in a research report on Monday. They issued an “overweight” rating and a $26.00 price objective on the stock. Finally, BMO Capital Markets initiated coverage on shares of Blackstone Digital Infrastructure Trust in a research note on Monday. They issued a “market perform” rating and a $23.00 target price on the stock. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $23.61.

Blackstone Digital Infrastructure Trust Stock Down 0.2%

Shares of Blackstone Digital Infrastructure Trust stock opened at $21.79 on Monday. Blackstone Digital Infrastructure Trust has a 12 month low of $19.60 and a 12 month high of $22.90.

Insider Transactions at Blackstone Digital Infrastructure Trust

In other news, Director Katharine A. Keenan purchased 25,000 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of $20.00 per share, with a total value of $500,000.00. Following the transaction, the director directly owned 25,000 shares of the company’s stock, valued at approximately $500,000. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Nicholas L. Pell purchased 25,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of $20.00 per share, with a total value of $500,000.00. Following the purchase, the insider directly owned 25,000 shares in the company, valued at $500,000. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders purchased 9,557,295 shares of company stock valued at $191,145,900.