Intuit Unusual Options Activity For September 07
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Intuit (NASDAQ:INTU) by a whale investor. The investor has targeted a price range from $500.0 to $560.0 for Intuit over the last 3 months. The price of INTU is currently up 0.96% at $556.25. Keybanc and BMO Capital have maintained their Overweight and Outperform ratings on Intuit respectively, with price targets ranging from $535 to $605.
September 07, 2023 | 5:01 pm
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NEGATIVE IMPACT
Bearish stance taken by a whale investor on Intuit could potentially impact the stock price. The price target range of $500-$560 indicates a possible decrease in the short term.
The bearish stance taken by a whale investor, who has significant influence due to the large amount of capital, could potentially drive the stock price down. The targeted price range is below the current price, indicating a potential decrease.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100