Check Out What Whales Are Doing With Altria Group
Portfolio Pulse from Benzinga Insights
A large bearish position has been taken on Altria Group (NYSE:MO), with 66% of big-money traders showing bearish sentiment. The price of MO is down -1.45% at $44.1. Whales have been targeting a price range from $30.0 to $80.0 for Altria Group over the last 3 months. Jefferies has maintained their Buy rating on Altria Group, with a price target of $55.
September 14, 2023 | 8:49 pm
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A large bearish position has been taken on Altria Group, with the price currently down. However, Jefferies maintains a Buy rating with a price target of $55.
The large bearish position taken by big-money traders indicates a potential downward trend for Altria Group. However, Jefferies' maintained Buy rating suggests they believe the stock will perform well in the future. The current price drop could be a temporary fluctuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100