Check Out What Whales Are Doing With JD.com
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on JD.com (NASDAQ:JD) by a large investor, as indicated by a large position showing up on publicly available options history. The overall sentiment of these big-money traders is split between 69% bullish and 30% bearish. The whales have been targeting a price range from $27.5 to $40.0 for JD.com over the last 3 months. The price of JD is up 3.72% at $38.45. Benchmark has maintained their Buy rating on JD.com, with a price target of $73.
July 24, 2023 | 3:15 pm
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A large investor has taken a bullish stance on JD.com, with a significant position showing up on publicly available options history. The price of JD is up 3.72% at $38.45. Benchmark has maintained their Buy rating on JD.com, with a price target of $73.
The news of a large investor taking a bullish stance on JD.com, coupled with the maintained Buy rating from Benchmark, indicates a positive outlook for the company. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100