Blackstone Inc. (NYSE:BX) is one of the Best Data Center REITs to Buy According to Analysts..
The company operates as a leading alternative asset manager with extensive real estate operations
Recently, the company filed for an IPO of its Blackstone Digital Infrastructure Trust (BXDC), a dedicated data center REIT aiming to raise $1.75 billion to acquire stabilized, income-generating properties leased long-term to investment-grade hyperscalers such as cloud giants. As per a Bloomberg report published on May 6, Blackstone Digital Infrastructure Trust Inc plans to list on the NYSE stock exchange under the ticker symbol BXDC. Moreover, Goldman Sachs & Co.
LLC, Citigroup, and Morgan Stanley are serving as joint lead book-running managers for the proposed offering. That said, on April 27, Piper Sandler raised the price target on Blackstone from $122 to $130, while maintaining a Neutral rating on the shares. The updated price target follows the company’s fiscal Q1 2026 earnings, released on April 23.