Intuitive Surgical Unusual Options Activity For August 31
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Intuitive Surgical (NASDAQ:ISRG) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $200.0 to $350.0 for Intuitive Surgical over the last 3 months. RBC Capital has downgraded its action to Outperform with a price target of $360.
August 31, 2023 | 7:18 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Intuitive Surgical has seen unusual options activity, with a significant bearish stance taken by a large investor. RBC Capital has downgraded its action to Outperform with a price target of $360.
The unusual options activity indicates that a large investor is expecting the price of Intuitive Surgical to decrease. This, combined with the downgrade from RBC Capital, could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100