Blackstone Surges to 138th in Trading Volume with $679 Million in Shares Exchanged

Generated by AI AgentAinvest Market Brief
Thursday, May 8, 2025 8:10 pm ET1min read
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On May 8, 2025, BlackstoneBX-- (BX) saw a significant increase in trading volume, with a total of $679 million in shares exchanged, marking a 64.88% rise from the previous day. This surge placed Blackstone at the 138th position in terms of trading volume for the day. The stock price of Blackstone also rose by 2.70%, marking the second consecutive day of gains, with a total increase of 4.34% over the past two days.

Several analysts have recently weighed in on Blackstone's stock. Bank of America adjusted its target price for Blackstone, lowering it from $219.00 to $207.00 while maintaining a "buy" rating. Additionally, TD Cowen reduced its target price for Blackstone shares from $233.00 to a new level, although the exact figure was not specified. These adjustments reflect the ongoing evaluation of Blackstone's performance and potential by financial experts.

Institutional investors have also shown interest in Blackstone. Axa S.A. recently increased its stock position in Blackstone Inc., indicating confidence in the company's prospects. This move by a major institutional investor suggests that Blackstone continues to attract significant attention from the investment community.

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