Check Out What Whales Are Doing With SLB
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Schlumberger Limited (NYSE:SLB), with 78% of the investors opening trades with bearish expectations. The whale has been targeting a price range from $50.0 to $80.0 for SLB over the last 3 months. The price of SLB is up 1.49% at $60.77. UBS has maintained their Buy rating on SLB, with a price target of $73.
September 05, 2023 | 7:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
A whale investor has taken a bearish stance on Schlumberger Limited (NYSE:SLB), indicating potential downward pressure on the stock.
The bearish stance taken by a whale investor, who typically has significant influence on the market, could lead to a downward trend in the stock price of Schlumberger Limited. This is further supported by the fact that 78% of the investors have opened trades with bearish expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100