This Is What Whales Are Betting On Procter & Gamble
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Procter & Gamble (NYSE:PG), with 53% of investors opening trades with bullish expectations and 46% with bearish. Whales have been targeting a price range of $130 to $150 for the company over the last 3 months. The stock is currently down 1.49% at $143.24, and RSI indicators suggest it may be oversold. Truist Securities downgraded its action to Hold with a price target of $155.
May 30, 2023 | 7:02 pm
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Whale investor bullish on Procter & Gamble, targeting $130-$150 price range. Stock down 1.49% at $143.24, may be oversold. Truist Securities downgrades to Hold with $155 price target.
The whale investor's bullish stance on Procter & Gamble, along with the targeted price range of $130-$150, indicates a positive outlook for the stock. However, the stock is currently down 1.49% at $143.24, and RSI indicators suggest it may be oversold. Additionally, Truist Securities has downgraded its action to Hold with a price target of $155, which may have a neutral impact on the stock in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100