This Is What Whales Are Betting On Booking Holdings
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Booking Holdings (NASDAQ:BKNG), with 80% of the spotted trades being bearish. The whales have been targeting a price range from $1950.0 to $3850.0 for Booking Holdings over the last 3 months. The price of BKNG is up 0.57% at $3128.67. Several financial institutions have maintained their ratings on Booking Holdings, with price targets ranging from $3000 to $3855.
August 30, 2023 | 4:47 pm
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NEGATIVE IMPACT
Bearish stance taken on Booking Holdings with 80% of trades being bearish. Price targets range from $3000 to $3855.
The bearish stance taken by a significant investor, along with the high percentage of bearish trades, could potentially drive the stock price down in the short term. However, the maintained ratings and price targets by several financial institutions suggest a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100