This Is What Whales Are Betting On Sea
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 11 options trades for Sea (NYSE:SE) totaling $676,751. Whales have been targeting a price range of $55.0 to $95.0 for Sea over the last 3 months. The stock is currently up 4.74% at $63.86. Benchmark downgraded its action to Buy with a price target of $105, while HSBC and B of A Securities maintained their Buy and Neutral ratings with price targets of $94 and $90, respectively.
June 08, 2023 | 4:33 pm
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Sea (NYSE:SE) has seen over 11 options trades totaling $676,751. Whales target a $55-$95 price range. The stock is up 4.74% at $63.86. Benchmark downgraded to Buy with a $105 price target, while HSBC and B of A Securities maintained their Buy and Neutral ratings with price targets of $94 and $90.
The detected options trades and whale targeting indicate increased interest in Sea's stock. The stock is currently up 4.74% at $63.86, and the price targets given by Benchmark, HSBC, and B of A Securities suggest potential for further growth. This information is likely to have a positive short-term impact on Sea's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100