Check Out What Whales Are Doing With AVGO
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Broadcom (NASDAQ:AVGO) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 45% bullish and 54% bearish. The whales have been targeting a price range from $370.0 to $1100.0 for Broadcom over the last 3 months. Analysts from Mizuho, Truist Securities, and Deutsche Bank have given their ratings and price targets for AVGO.
July 18, 2023 | 3:31 pm
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Broadcom has seen significant options activity indicating a bearish stance by a large investor. Analysts have given their ratings and price targets.
The bearish stance taken by a large investor, as indicated by unusual options activity, could potentially drive the stock price down in the short term. The analyst ratings and price targets also play a role in influencing the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100