Check Out What Whales Are Doing With BABA
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Alibaba Group Holding (NYSE:BABA), with 53% of investors opening trades with bullish expectations and 46% with bearish. The whale has been targeting a price range from $84.0 to $140.0 for Alibaba over the last 3 months. The price of BABA is currently down -2.07% at $94.61. Bernstein and Benchmark have downgraded their actions on Alibaba, while B of A Securities and Loop Capital have maintained their Buy rating.
July 14, 2023 | 2:03 pm
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A whale investor has shown bullish sentiment towards Alibaba, with a targeted price range of $84-$140. The current price is down -2.07% at $94.61. Analyst ratings are mixed.
The news indicates a bullish sentiment from a whale investor towards Alibaba, which could potentially influence other investors. However, the current price is down and analyst ratings are mixed, which creates uncertainty about the short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100