Blackstone Mortgage Trust Shares Rise After UBS Upgrade

MT Newswires Live06-03

Blackstone Mortgage Trust (BXMT) shares rose 2.4% on Tuesday after UBS upgraded the stock to buy from neutral and adjusted its price target to $21 per share from $20.

Trading volume stood at around 990,000 shares compared with a daily average of nearly 1.5 million.

Price: 18.37, Change: +0.43, Percent Change: +2.43

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