This Is What Whales Are Betting On Citigroup
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Citigroup (NYSE:C) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 52% bullish and 48% bearish. The price target for Citigroup over the last 3 months has been between $36.0 and $70.0. The current price of Citigroup is $46.31, down 1.61%. Analysts have mixed opinions, with ratings ranging from 'Neutral' to 'Outperform' and price targets from $45 to $88.
August 04, 2023 | 12:12 pm
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Unusual options activity indicates a significant bullish stance on Citigroup. The sentiment among big-money traders is split, with 52% bullish and 48% bearish. Analysts have mixed opinions, with ratings ranging from 'Neutral' to 'Outperform' and price targets from $45 to $88.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on Citigroup. This could potentially drive the stock price up in the short term. However, the sentiment among these traders is split, which introduces some uncertainty. The mixed analyst ratings and wide range of price targets also add to this uncertainty.
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