Intuitive Surgical Unusual Options Activity For September 07
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Intuitive Surgical (NASDAQ:ISRG), with 60% of recent trades being bearish. The total amount for puts was $183,032 and for calls was $304,329. Whales have been targeting a price range from $250.0 to $350.0 for Intuitive Surgical over the last 3 months. The price of ISRG is currently down -2.83% at $299.12. RBC Capital downgraded its action to Outperform with a price target of $360.
September 07, 2023 | 7:19 pm
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Bearish stance on Intuitive Surgical with 60% of recent trades being bearish. Whales targeting price range $250-$350. RBC Capital downgraded to Outperform with a price target of $360.
The bearish stance taken by a significant investor, along with the downgrade by RBC Capital, could potentially lead to a decrease in the stock price of Intuitive Surgical in the short term. The targeted price range by whales also indicates a potential downward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100