Blackstone Digital Infrastructure Trust (NYSE:BXDC) Upgraded by BMO Capital Markets to “Hold” Rating

BMO Capital Markets upgraded shares of Blackstone Digital Infrastructure Trust (NYSE:BXDC) to a hold rating in a research note issued to investors on Monday morning,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday. They issued a “buy” rating and a $24.00 target price on the stock. Bank of America began coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday. They issued a “neutral” rating and a $22.50 target price on the stock. Moffett Nathanson began coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday. They issued a “neutral” rating and a $21.00 target price on the stock. Royal Bank Of Canada began coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday. They issued an “outperform” rating and a $24.00 target price on the stock. Finally, Citigroup started coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday. They issued a “neutral” rating and a $23.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Blackstone Digital Infrastructure Trust currently has an average rating of “Moderate Buy” and a consensus price target of $23.86.

Blackstone Digital Infrastructure Trust Price Performance

Shares of Blackstone Digital Infrastructure Trust stock opened at $22.07 on Monday. Blackstone Digital Infrastructure Trust has a 12 month low of $19.60 and a 12 month high of $22.90.

Insider Activity at Blackstone Digital Infrastructure Trust

In related news, insider Anthony F. Marone, Jr. bought 10,000 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of $20.00 per share, for a total transaction of $200,000.00. Following the transaction, the insider owned 10,000 shares of the company’s stock, valued at approximately $200,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Katharine A. Keenan bought 25,000 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were bought at an average price of $20.00 per share, for a total transaction of $500,000.00. Following the completion of the transaction, the director directly owned 25,000 shares in the company, valued at approximately $500,000. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders bought 9,557,295 shares of company stock worth $191,145,900.

Key Headlines Impacting Blackstone Digital Infrastructure Trust

Here are the key news stories impacting Blackstone Digital Infrastructure Trust this week:

• Positive Sentiment: Wells Fargo upgraded BXDC to strong-buy, signaling increased confidence in the company’s outlook. Zacks.com
• Positive Sentiment: Sanford C. Bernstein also upgraded BXDC to strong-buy, adding to the bullish tone from Wall Street. Zacks.com
• Positive Sentiment: Barclays upgraded BXDC to strong-buy, reinforcing expectations for upside in the stock. Zacks.com
• Positive Sentiment: Royal Bank of Canada raised BXDC to moderate buy, another positive signal for the shares. Zacks.com
• Neutral Sentiment: Moffett Nathanson and BMO Capital Markets both moved BXDC to hold, suggesting some analysts see limited near-term upside. Zacks.com
• Neutral Sentiment: Bank of America and JPMorgan initiated coverage with neutral ratings and price targets modestly above the current share price, pointing to a mixed but stable outlook. Benzinga
• Neutral Sentiment: Recent commentary notes that Wall Street is divided on BXDC’s newest AI infrastructure bet, reflecting uncertainty about how the strategy will translate into performance. Yahoo Finance