Check Out What Whales Are Doing With CSCO
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Cisco Systems (NASDAQ:CSCO) by a large investor, as observed in the options history. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $45.0 to $65.0 for Cisco Systems over the last 3 months. The current price of CSCO is $56.51, down by 0.28%. Various financial institutions have maintained their ratings on Cisco Systems with price targets ranging from $56 to $63.
September 11, 2023 | 4:16 pm
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A large investor has taken a bearish stance on Cisco Systems, with the sentiment among big-money traders being 60% bearish. The current price of CSCO is $56.51, down by 0.28%. Financial institutions have maintained their ratings on Cisco Systems with price targets ranging from $56 to $63.
The bearish stance taken by a large investor, along with the 60% bearish sentiment among big-money traders, indicates a potential downward pressure on the stock price. The current price of CSCO is already down by 0.28%. However, the maintained ratings and price targets by financial institutions suggest a mixed outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100