This Is What Whales Are Betting On CME Gr
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on CME Group (NASDAQ:CME), with 54% of investors opening trades with bullish expectations and 45% with bearish. The whale has been targeting a price range from $180.0 to $230.0 for CME Group over the last 3 months. The price of CME is up 1.9% at $206.7. Citigroup downgraded its action to Buy with a price target of $210, while Keefe, Bruyette & Woods and Morgan Stanley maintained their Market Perform and Equal-Weight ratings respectively.
August 04, 2023 | 7:16 pm
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Whale investor has taken a bullish stance on CME Group, with majority of investors opening trades with bullish expectations. The price of CME is up 1.9% at $206.7.
The bullish stance taken by a whale investor, along with the majority of investors opening trades with bullish expectations, indicates a positive sentiment towards CME Group. This, coupled with the current price increase, suggests a potential short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100