Check Out What Whales Are Doing With Visa
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Visa (NYSE:V), with 24 uncommon options trades spotted for the company. The sentiment of these trades is split evenly between bullish and bearish. The trades include 12 puts for a total of $695,918 and 12 calls for a total of $1,213,832. The targeted price range for Visa over the last 3 months has been $150.0 to $285.0. Barclays maintains an Overweight rating on Visa with a price target of $287, while Oppenheimer has downgraded its action to Outperform with a price target of $248.
July 25, 2023 | 7:31 pm
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A large investor has taken a bullish stance on Visa, with an even split between bullish and bearish trades. Barclays maintains an Overweight rating with a $287 target, while Oppenheimer downgrades to Outperform with a $248 target.
The large volume of uncommon options trades indicates significant interest in Visa, which could lead to increased volatility in the stock's price. The bullish stance taken by the large investor, along with the Overweight rating from Barclays, suggests potential upside for the stock. However, the downgrade by Oppenheimer to Outperform could temper some of this bullish sentiment.
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IMPORTANCE 80
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