This Is What Whales Are Betting On Royal Caribbean Gr
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Royal Caribbean Gr (NYSE:RCL) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $55.0 to $105.0 for Royal Caribbean Gr over the last 3 months. The current price of RCL is $100.3, with various experts maintaining positive or equal-weight ratings with price targets ranging from $100 to $132.
August 18, 2023 | 5:01 pm
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A large investor has taken a bearish stance on Royal Caribbean Gr (NYSE:RCL), with a 70% bearish sentiment. The current price of RCL is $100.3, with price targets ranging from $100 to $132.
The bearish stance taken by a large investor, as indicated by the large position in options, suggests a potential downward movement in the short term. This is further supported by the 70% bearish sentiment among big-money traders. However, the price targets set by various experts suggest a potential upward movement in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100