This Is What Whales Are Betting On FedEx
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on FedEx (NYSE:FDX), with 14 uncommon options trades spotted. The sentiment of these big-money traders is split between 57% bullish and 42% bearish. The whales have been targeting a price range from $230.0 to $285.0 for FedEx over the last 3 months. The price of FDX is currently down -1.58% at $250.06. Several financial institutions have maintained their ratings on FedEx, with price targets ranging from $200 to $300.
September 18, 2023 | 6:45 pm
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A large investor has taken a bullish stance on FedEx, indicating potential positive movement in the short term. However, the current price is down -1.58% at $250.06.
The bullish stance taken by a large investor, along with the maintained ratings from several financial institutions, indicates potential positive movement for FedEx. However, the current price is down, which may impact the short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100