Check Out What Whales Are Doing With PBR
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 20 options trades for Petrobras Brasileiro (NYSE:PBR) summing a total amount of $800,770. Whales have been targeting a price range from $10.0 to $20.0 for Petrobras Brasileiro over the last 3 months. The price of PBR is down -1.47% at $13.33. Goldman Sachs upgraded its action to Buy with a price target of $18.

July 17, 2023 | 3:02 pm
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NEUTRAL IMPACT
Petrobras Brasileiro (PBR) has seen significant options trading activity, with whales targeting a price range of $10-$20. The stock price is currently down, but Goldman Sachs has upgraded the stock to a Buy with a target of $18.
The news of significant options trading activity indicates a high level of interest in PBR, which could lead to increased volatility in the stock price. The current price is down, but the upgrade from Goldman Sachs could potentially drive the price up in the future. However, the short-term impact is uncertain due to the mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100