This Is What Whales Are Betting On JD.com
Portfolio Pulse from Benzinga Insights
A significant bullish position has been taken on JD.com (NASDAQ:JD), as observed from publicly available options history. The sentiment among big-money traders is split between 52% bullish and 47% bearish. Whales have been targeting a price range from $25.0 to $45.0 for JD.com over the last 3 months. The current price of JD.com is $32.96, down by 0.18%. Analysts from JP Morgan, B of A Securities, Citigroup, and Mizuho have maintained their ratings on JD.com with price targets of $40, $51, $64, and $60 respectively.
August 25, 2023 | 8:46 pm
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POSITIVE IMPACT
A significant bullish position has been taken on JD.com, indicating potential positive movement. Analysts from major firms have maintained their positive ratings, suggesting confidence in the stock's performance.
The bullish position taken by big-money traders indicates a positive sentiment towards JD.com. This, coupled with the maintained positive ratings from major financial firms, suggests a potential upward movement for JD.com in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100