Check Out What Whales Are Doing With UNH
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on UnitedHealth Group (UNH) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 36% bullish and 63% bearish. The targeted price range for UNH over the last 3 months is from $230.0 to $480.0. Several financial institutions have downgraded their ratings on UNH but with high price targets. The stock is currently trading at $478.79.
June 27, 2023 | 5:16 pm
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Unusual options activity indicates a significant bearish stance on UnitedHealth Group. The stock is currently trading at $478.79, with a targeted price range of $230.0 to $480.0.
The bearish stance taken by a large investor or institution, as indicated by the unusual options activity, could potentially drive the stock price down in the short term. Furthermore, the downgrades by several financial institutions, despite high price targets, could also negatively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100