Costco Wholesale Unusual Options Activity For July 26
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Costco Wholesale (NASDAQ:COST), with a bearish stance taken by a large investor. The overall sentiment of these big-money traders is split between 45% bullish and 54% bearish. The whales have been targeting a price range from $435.0 to $560.0 for Costco Wholesale over the last 3 months. The price of COST is up 0.11% at $565.82. Baird, Telsey Advisory Group, and Oppenheimer maintain their Outperform rating on Costco Wholesale, while Citigroup downgraded its action to Neutral.
July 26, 2023 | 4:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Unusual options activity observed for Costco Wholesale. Large investor takes bearish stance. Price targets range from $435.0 to $560.0.
The unusual options activity and the bearish stance taken by a large investor could potentially impact the stock price of Costco Wholesale in the short term. The price targets set by the whales also indicate a potential downward movement in the stock price. Additionally, the ratings given by various analysts could also influence the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100