This Is What Whales Are Betting On Analog Devices
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Analog Devices (NASDAQ:ADI) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 26% bullish and 73% bearish. Whales have been targeting a price range from $150.0 to $190.0 for Analog Devices over the last 3 months. Susquehanna has maintained their Positive rating on Analog Devices, with a price target of $225.
August 22, 2023 | 7:46 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
A large investor has taken a bearish stance on Analog Devices. The sentiment among big-money traders is 73% bearish. Despite this, Susquehanna has maintained a Positive rating on the company with a price target of $225.
The bearish stance taken by a large investor, as well as the overall bearish sentiment among big-money traders, could potentially drive the stock price down in the short term. However, the Positive rating maintained by Susquehanna could counteract this to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100