Check Out What Whales Are Doing With COST
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Costco Wholesale (NASDAQ:COST) by an unknown entity, possibly an institution or 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. Whales have been targeting a price range from $490.0 to $620.0 for Costco Wholesale over the last 3 months. Several financial advisory groups have maintained or downgraded their ratings on Costco, with price targets ranging from $575 to $600.
September 13, 2023 | 5:16 pm
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A significant bullish stance has been taken on Costco Wholesale (NASDAQ:COST) by an unknown entity. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. Whales have been targeting a price range from $490.0 to $620.0 for Costco Wholesale over the last 3 months.
The news of a significant bullish stance taken by an unknown entity on Costco Wholesale indicates a potential positive impact on the stock. The sentiment of big-money traders, although split, still indicates a significant bullish stance. The targeted price range by whales also suggests a potential increase in the stock price. However, the downgraded ratings by some financial advisory groups may moderate this impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100