This Is What Whales Are Betting On Anheuser-Busch InBev
Portfolio Pulse from Benzinga Insights
A large bearish position on Anheuser-Busch InBev (NYSE:BUD) has been spotted, with 13 puts totaling $435,127 and 1 call totaling $27,000. The overall sentiment of these big-money traders is 35% bullish and 64% bearish. Evercore ISI Group maintains an Outperform rating with a price target of $70.
June 20, 2023 | 7:47 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
A large bearish position has been spotted on Anheuser-Busch InBev, with 64% bearish sentiment among big-money traders. Evercore ISI Group maintains an Outperform rating with a price target of $70.
The large bearish position on Anheuser-Busch InBev indicates that big-money traders expect the stock price to decline in the short term. This bearish sentiment could negatively impact the stock price. However, Evercore ISI Group's maintained Outperform rating and $70 price target suggest a positive outlook in the longer term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100