Check Out What Whales Are Doing With GEHC
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on GE HealthCare Techs (NASDAQ:GEHC), with 54% of detected trades having bearish expectations. Whales have been targeting a price range of $65 to $82 for GEHC over the last 3 months. The stock is currently down 3.5% at $77.67, and Oppenheimer has downgraded its action to Outperform with a price target of $97.

June 08, 2023 | 7:48 pm
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Whale investor takes a bearish stance on GE HealthCare Techs, with 54% of detected trades being bearish. The stock is down 3.5% at $77.67, and Oppenheimer has downgraded its action to Outperform with a price target of $97.
The bearish stance taken by a whale investor, along with 54% of detected trades being bearish, indicates a potential short-term negative impact on GE HealthCare Techs' stock price. Additionally, the stock is currently down 3.5% at $77.67. However, Oppenheimer's downgrade to Outperform with a price target of $97 may provide some support for the stock in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100