This Is What Whales Are Betting On PayPal Holdings
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on PayPal Holdings (NASDAQ:PYPL) by a large investor, as indicated by unusual options trading activity. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. The price target for PayPal Holdings over the last 3 months has been between $60.0 to $100.0. Analysts have mixed opinions, with Credit Suisse and Evercore ISI Group downgrading their ratings, while BTIG, Morgan Stanley, and Canaccord Genuity maintain their positive ratings.
August 21, 2023 | 2:16 pm
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A large investor has taken a bullish stance on PayPal Holdings, indicated by unusual options trading activity. Analysts have mixed opinions, with some downgrading their ratings while others maintain their positive ratings.
The bullish stance taken by a large investor, as indicated by unusual options trading activity, suggests a positive outlook for PayPal Holdings. However, the mixed opinions from analysts could create some uncertainty in the market. The overall sentiment among big-money traders is more bullish than bearish, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100