Check Out What Whales Are Doing With CAT
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Caterpillar (NYSE:CAT) by a large investor, as observed from publicly available options history. Benzinga's options scanner spotted 11 uncommon options trades for Caterpillar, with the sentiment of these big-money traders being 18% bullish and 81% bearish. Whales have been targeting a price range from $200.0 to $320.0 for Caterpillar over the last 3 months. Citigroup has maintained their Neutral rating on Caterpillar, with a price target of $270.
July 24, 2023 | 6:15 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
A large investor has taken a bearish stance on Caterpillar, with big-money traders sentiment being 81% bearish. This could potentially impact the stock's performance in the short term.
The bearish stance taken by a large investor, as well as the overall bearish sentiment among big-money traders, could potentially lead to a decrease in Caterpillar's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100