Why Blackstone's Stock Is Trading Is Trading Higher Today

The Blackstone Group Inc. BX shares are trading higher on Monday.

Morgan Stanley maintained an Overweight rating on the stock and raised the price target from $62 to $64.

Blackstone is a multinational private equity, alternative asset management, and financial services company.

Blackstone shares were trading up 3.9% at $50.32 at time of publication. The stock has a 52-week range between $64.97 and $33.

Related Links:

Blackstone To Acquire 65% Of Great Wolf Resorts, Announces $2.9B JV With Centerbridge

Blackstone To Acquire Colony Capital For $5.9B In Last-Mile Delivery Play