This Is What Whales Are Betting On Target
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Target (NYSE:TGT), with 80% of the big-money trades being bullish and 20% bearish. The overall sentiment is based on 15 uncommon options trades for Target, with 5 puts amounting to $265,580 and 10 calls amounting to $706,192. The whales have been targeting a price range from $100.0 to $140.0 for Target over the last 3 months. The price of TGT is currently up 0.04% at $130.66.
August 10, 2023 | 5:16 pm
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POSITIVE IMPACT
A large investor has taken a bullish stance on Target (NYSE:TGT), indicating a potential positive impact on the stock. The price of TGT is currently up 0.04% at $130.66.
The bullish stance taken by a large investor indicates a positive sentiment towards the stock, which could drive up the price. The fact that 80% of the big-money trades are bullish further supports this. The current price increase of 0.04% could be an early indication of this impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100