Check Out What Whales Are Doing With Home Depot
Portfolio Pulse from Benzinga Insights
A 'whale' investor has taken a bullish stance on Home Depot (NYSE:HD), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $195.0 to $400.0 for Home Depot over the last 3 months. Several financial institutions have maintained their positive ratings on Home Depot, with price targets ranging from $335 to $384.
September 14, 2023 | 3:03 pm
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A whale investor has taken a bullish stance on Home Depot, with equal proportions of investors opening trades with bullish and bearish expectations. Several financial institutions have maintained their positive ratings on Home Depot.
The news of a whale investor taking a bullish stance on Home Depot, coupled with the maintained positive ratings from several financial institutions, indicates a positive short-term impact on the company's stock. However, the fact that 50% of the investors opened trades with bearish expectations introduces some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100