📰 Blackstone (BX) Stock Falls Despite $1 Billion Defense Tech Bet
Source : Coin Central
description: TLDR Blackstone is investing $1 billion to launch a new defense technology company called Falcata. Falcata will combine two firms Blackstone already owns: Technology Service Corporation and Applied Systems Engineering. BX stock is down 25% year-to-date despite the announcement. Wall Street has a Moderate Buy rating on BX with a price target of $145.50, implying [...] The post Blackstone (BX) Stock Falls Despite $1 Billion Defense Tech Bet appeared first on CoinCentral .
Time : 2026-10-01 14:27:04
Credit : trader edge
Link : https://coincentral.com/blackstone-bx-stock-falls-despite-1-billion-defense-tech-bet/
#stocks #news
$ONE $KEEP
Source : Coin Central
description: TLDR Blackstone is investing $1 billion to launch a new defense technology company called Falcata. Falcata will combine two firms Blackstone already owns: Technology Service Corporation and Applied Systems Engineering. BX stock is down 25% year-to-date despite the announcement. Wall Street has a Moderate Buy rating on BX with a price target of $145.50, implying [...] The post Blackstone (BX) Stock Falls Despite $1 Billion Defense Tech Bet appeared first on CoinCentral .
Time : 2026-10-01 14:27:04
Credit : trader edge
Link : https://coincentral.com/blackstone-bx-stock-falls-despite-1-billion-defense-tech-bet/
#stocks #news
$ONE $KEEP