This Is What Whales Are Betting On Royal Caribbean Gr
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Royal Caribbean Gr (NYSE:RCL) by a large investor, as indicated by a big position in the company's options. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The targeted price range for Royal Caribbean Gr over the last 3 months has been $95.0 to $120.0. The company's stock price is currently down by 0.9% at $102.0. Truist Securities and Barclays have maintained their Hold and Overweight ratings on the company, respectively, with price targets of $115 and $113.
July 25, 2023 | 3:46 pm
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A large investor has taken a bearish stance on Royal Caribbean Gr, with a significant position in the company's options. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The company's stock price is currently down by 0.9% at $102.0.
The bearish stance taken by a large investor, as indicated by a significant position in the company's options, suggests that the investor expects the company's stock price to decrease. This, combined with the fact that the sentiment among big-money traders is more bearish than bullish, could put downward pressure on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100