Check Out What Whales Are Doing With PBR
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 10 options trades for Petrobras Brasileiro (NYSE:PBR) totaling $473,650. Whales have been targeting a price range of $7.0 to $13.5 for PBR over the last 3 months. The stock is currently up 1.57% at $11.97, and Goldman Sachs maintains a Neutral rating with a price target of $12.
May 24, 2023 | 5:16 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Petrobras Brasileiro (NYSE:PBR) sees significant options trades, with whales targeting a $7.0 to $13.5 price range. The stock is up 1.57% at $11.97, and Goldman Sachs maintains a Neutral rating with a price target of $12.
The news of significant options trades and whale activity in Petrobras Brasileiro (NYSE:PBR) indicates increased interest in the stock. However, the current Neutral rating from Goldman Sachs and a price target of $12 suggest that the stock's short-term price direction remains uncertain. The stock is up 1.57% at $11.97, which is close to the price target, so the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100