This Is What Whales Are Betting On Alphabet
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Alphabet (NASDAQ:GOOGL), with 68% of detected trades showing bullish expectations and 31% bearish. Whales have been targeting a price range of $80 to $150 for Alphabet over the last 3 months. Analysts from Loop Capital and JMP Securities have downgraded their ratings, while Jefferies maintains a Buy rating with a $150 price target.
June 02, 2023 | 2:46 pm
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Whale investor shows bullish stance on Alphabet, targeting a price range of $80 to $150. Mixed analyst ratings from Loop Capital, JMP Securities, and Jefferies.
The bullish stance of the whale investor, along with the targeted price range, indicates a positive short-term impact on Alphabet's stock price. However, mixed analyst ratings may create some uncertainty, but the overall sentiment leans towards a positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100