This Is What Whales Are Betting On Airbnb
Portfolio Pulse from Benzinga Insights
A large bearish position has been taken on Airbnb (NASDAQ:ABNB), as observed from publicly available options history. The sentiment of these big-money traders is split between 26% bullish and 73% bearish. Whales have been targeting a price range from $60.0 to $160.0 for Airbnb over the last 3 months. The price of ABNB is up 2.22% at $146.45. Morgan Stanley maintains an Underweight rating on Airbnb with a price target of $110, while Tigress Financial downgraded its action to Buy with a price target of $185 and Citigroup maintains a Buy rating with a price target of $160.
September 08, 2023 | 6:15 pm
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A large bearish position has been taken on Airbnb, with a sentiment of 73% bearish among big-money traders. The stock price is up 2.22% at $146.45. Analysts have mixed ratings with price targets ranging from $110 to $185.
The large bearish position taken on Airbnb indicates a potential downward movement in the stock price. This is further supported by the 73% bearish sentiment among big-money traders. However, the stock price is currently up, and analysts have mixed ratings, which adds uncertainty to the prediction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100