Check Out What Whales Are Doing With Estee Lauder Cos
Portfolio Pulse from Benzinga Insights
A large bearish position on Estee Lauder Cos (NYSE:EL) has been observed, with 65% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $155 to $260 for Estee Lauder over the last 3 months.
May 31, 2023 | 7:31 pm
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A large bearish position has been observed in Estee Lauder Cos (NYSE:EL), with 65% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $155 to $260 for Estee Lauder over the last 3 months.
The large bearish position observed in Estee Lauder Cos indicates that big-money traders expect the stock price to decline in the short term. With 65% of these traders showing bearish sentiment and whales targeting a price range of $155 to $260, it is likely that the stock price will be negatively impacted in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100