Check Out What Whales Are Doing With LOW
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Lowe's Companies (NYSE:LOW) by a large investor or institution, as indicated by a large position in options. The sentiment among these big-money traders is split between 27% bullish and 72% bearish. The price target for Lowe's Companies over the last 3 months has been between $190.0 to $240.0. The stock price is currently down by 3.16% at $223.58. Analysts have mixed ratings on the company, with some maintaining their buy or overweight ratings and others downgrading to market perform or hold.
September 15, 2023 | 3:33 pm
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A large investor has taken a bearish stance on Lowe's Companies, with a significant position in options. The stock price is currently down, and analysts have mixed ratings on the company.
The bearish stance taken by a large investor or institution, as indicated by a significant position in options, suggests that there may be negative sentiment towards the stock. This, combined with the current decrease in stock price and mixed analyst ratings, could potentially lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100