This Is What Whales Are Betting On Royal Caribbean Gr
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Royal Caribbean Gr (NYSE:RCL), with 84% of the spotted trades being bearish. The whales have been targeting a price range from $90.0 to $110.0 for Royal Caribbean over the last 3 months. The price of RCL is up 2.79% at $102.18. Truist Securities and Barclays have maintained their Hold and Overweight ratings on Royal Caribbean, with price targets of $115 and $113 respectively.
July 20, 2023 | 4:48 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A whale investor has taken a bearish stance on Royal Caribbean Gr (NYSE:RCL), with 84% of the spotted trades being bearish. The price of RCL is up 2.79% at $102.18. Truist Securities and Barclays have maintained their Hold and Overweight ratings on Royal Caribbean, with price targets of $115 and $113 respectively.
The bearish stance taken by a whale investor, who typically has significant influence on the market, could potentially drive the stock price down in the short term. However, the maintained ratings from Truist Securities and Barclays, along with the current upward trend in price, may counteract this bearish sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100