This Is What Whales Are Betting On Intel
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Intel (NASDAQ:INTC) by a large investor, as observed from publicly available options history. The sentiment among these big-money traders is 16% bullish and 83% bearish. The whales have been targeting a price range from $30.0 to $33.0 for Intel over the last 3 months. The price of INTC is up 1.06% at $33.26. Several experts have downgraded their ratings on Intel, with price targets ranging from $17 to $39.
June 30, 2023 | 1:51 pm
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A large investor has taken a bearish stance on Intel, with the sentiment among big-money traders being 83% bearish. The price of INTC is up 1.06% at $33.26. Several experts have downgraded their ratings on Intel.
The bearish stance taken by a large investor, along with the predominantly bearish sentiment among big-money traders, indicates a potential downward pressure on Intel's stock price. The recent price increase of 1.06% might be short-lived. The downgrades by several experts further support this view.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100