Check Out What Whales Are Doing With General Electric
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on General Electric (NYSE:GE) by a large investor, as evidenced by a large position in GE's options. The sentiment among these big-money traders is 90% bullish and 9% bearish. The whales have been targeting a price range from $80.0 to $115.0 for GE over the last 3 months. Wells Fargo maintains an Equal-Weight rating on GE with a price target of $105, while Citigroup maintains a Buy rating with a price target of $126.
July 21, 2023 | 6:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
A large investor has taken a bullish stance on General Electric, with a targeted price range of $80-$115. Wells Fargo and Citigroup maintain their ratings with price targets of $105 and $126 respectively.
The bullish stance taken by a large investor, as well as the maintained ratings and price targets by Wells Fargo and Citigroup, indicate a positive short-term impact on GE's stock. The targeted price range by the investor also suggests a potential increase in GE's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100