Check Out What Whales Are Doing With ISRG
Portfolio Pulse from Benzinga Insights
A large bearish position has been taken on Intuitive Surgical (NASDAQ:ISRG), as noticed by Benzinga's options scanner. The overall sentiment of these big-money traders is split between 47% bullish and 52% bearish. Whales have been targeting a price range from $173.33 to $450.0 for Intuitive Surgical over the last 3 months. BTIG has decided to maintain their Buy rating on Intuitive Surgical, which currently sits at a price target of $326.
June 30, 2023 | 5:47 pm
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A large bearish position has been taken on Intuitive Surgical, with a split sentiment among big-money traders. BTIG maintains a Buy rating on the stock.
The large bearish position taken on Intuitive Surgical indicates that some investors expect the stock to decrease in value. This, combined with the split sentiment among big-money traders, could lead to increased volatility and potential downward pressure on the stock price in the short term. However, BTIG's maintained Buy rating suggests some positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100