Check Out What Whales Are Doing With PYPL
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on PayPal Holdings (NASDAQ:PYPL) by an unknown entity, possibly an institution or a wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. The whales have been targeting a price range from $50.0 to $105.0 for PayPal Holdings over the last 3 months. JP Morgan has maintained their Overweight rating on PayPal Holdings, with a price target of $100.
September 13, 2023 | 5:00 pm
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A significant bullish stance has been taken on PayPal Holdings (NASDAQ:PYPL) by an unknown entity. The whales have been targeting a price range from $50.0 to $105.0 for PayPal Holdings over the last 3 months. JP Morgan has maintained their Overweight rating on PayPal Holdings, with a price target of $100.
The news of a significant bullish stance taken by an unknown entity, possibly a large institution or wealthy individual, indicates a strong belief in the company's potential growth. This, coupled with JP Morgan's maintained Overweight rating and a price target of $100, suggests a positive short-term impact on PayPal's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100