This Is What Whales Are Betting On Target
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Target (NYSE:TGT), with Benzinga's options scanner spotting 11 uncommon options trades for the company. The sentiment of these big-money traders is split between 63% bullish and 36% bearish. Whales have been targeting a price range from $120.0 to $135.0 for Target over the last 3 months. The price of TGT is currently down -0.68% at $122.85. Several experts have maintained or downgraded their ratings on Target, with price targets ranging from $142 to $168.
September 11, 2023 | 6:16 pm
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A large investor has taken a bullish stance on Target, with uncommon options trades spotted. The sentiment of these traders is split between 63% bullish and 36% bearish. The price of TGT is currently down -0.68% at $122.85.
The news of a large investor taking a bullish stance on Target, coupled with the uncommon options trades, indicates a potential positive impact on the stock. However, the current price is down, which may affect the short-term performance. The sentiment of the big-money traders is more bullish than bearish, which could potentially drive the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100