Check Out What Whales Are Doing With PEP
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on PepsiCo (NASDAQ:PEP), with 66% of investors opening trades with bullish expectations. The whale has been targeting a price range from $110.0 to $175.0 for PepsiCo over the last 3 months. The price of PEP is currently down -0.33% at $177.59, and RSI indicators suggest the stock may be oversold. Next earnings are expected to be released in 51 days.
August 21, 2023 | 7:15 pm
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A whale investor has taken a bullish stance on PepsiCo, with the majority of investors also showing bullish expectations. The stock price is currently down, and it may be oversold.
The bullish stance taken by a whale investor, along with the majority of other investors, indicates a positive outlook for PepsiCo. However, the current drop in stock price and potential oversold status could present a buying opportunity in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100