Visa Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Visa (NYSE:V), with 60% of the investors opening trades with bullish expectations and 40% with bearish. The whales have been targeting a price range from $210.0 to $245.0 for Visa over the last 3 months. The price of Visa is up 2.0% at $232.52. Wedbush downgraded its action to Outperform with a price target of $270.
June 29, 2023 | 2:53 pm
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Bullish stance on Visa with majority of trades being bullish. Target price range is $210-$245. Current price is up 2.0% at $232.52. Wedbush downgraded to Outperform with a price target of $270.
The news indicates a bullish stance on Visa with majority of the trades being bullish. This, along with the price target set by Wedbush, indicates a positive short term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100