This Is What Whales Are Betting On Energy Transfer
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Energy Transfer (NYSE:ET) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. Whales have been targeting a price range from $7.0 to $20.0 for Energy Transfer over the last 3 months. Morgan Stanley has downgraded its action to Overweight with a price target of $17.
August 14, 2023 | 8:46 pm
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POSITIVE IMPACT
A significant bullish stance has been taken on Energy Transfer, indicating potential positive movement. However, sentiment among big-money traders is split, which may lead to volatility.
The bullish stance taken by a significant entity suggests confidence in the company's performance, which could drive the stock price up. However, the split sentiment among big-money traders indicates uncertainty, which could lead to price volatility.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100