Check Out What Whales Are Doing With CSCO
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Cisco Systems (NASDAQ:CSCO), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $40.0 to $57.5 for Cisco Systems over the last 3 months. The price of CSCO is up 0.49% at $51.12, with RSI indicators suggesting the stock may be approaching overbought. Next earnings are expected to be released in 48 days.
June 29, 2023 | 5:39 pm
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A whale investor has shown bullish sentiment towards Cisco Systems, with a targeted price range of $40.0 to $57.5 over the last 3 months. The stock price is currently up 0.49% at $51.12, with indications of being overbought.
The bullish sentiment from a whale investor, along with the targeted price range, suggests a positive outlook for Cisco Systems. The current price increase and potential overbought status may lead to a short-term price correction, but the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100