This Is What Whales Are Betting On Intuit
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Intuit (NASDAQ:INTU) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is split between 68% bullish and 31% bearish. The whales have been targeting a price range from $380.0 to $560.0 for Intuit over the last 3 months. Currently, the price of INTU is up 3.69% at $464.72. Mizuho has downgraded its action to Buy with a price target of $550.
July 10, 2023 | 5:33 pm
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A large investor has taken a bullish stance on Intuit, with a significant options position. The price of INTU is currently up, and Mizuho has downgraded its action to Buy with a price target of $550.
The news of a large investor taking a bullish stance on Intuit, as well as the current price increase and Mizuho's downgrade to Buy with a $550 target, all indicate a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100