This Is What Whales Are Betting On Boeing
Portfolio Pulse from Benzinga Insights
A significant bearish stance on Boeing (NYSE:BA) has been noticed, with a large position appearing in publicly available options history. The sentiment among these big-money traders is split, with 41% bullish and 58% bearish. Whales have been targeting a price range from $155.0 to $250.0 for Boeing over the last 3 months. Bernstein and RBC Capital have downgraded their actions on Boeing, with price targets of $252 and $220 respectively.

July 03, 2023 | 2:18 pm
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A large bearish position has been noticed on Boeing, with a price target range of $155-$250. Bernstein and RBC Capital have downgraded their actions on the company.
The large bearish position indicates that big-money traders expect Boeing's stock price to decrease. This, combined with the downgrades from Bernstein and RBC Capital, suggests a negative short-term impact on Boeing's stock.
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