Check Out What Whales Are Doing With BIDU
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Baidu (NASDAQ:BIDU) by a large investor or institution, as indicated by a large position in Baidu's options. The overall sentiment of these big-money traders is split between 73% bullish and 26% bearish. The whales have been targeting a price range from $134.0 to $150.0 for Baidu over the last 3 months. JP Morgan, Susquehanna, Benchmark, and Loop Capital have given price targets of $200, $175, $210, and $190 respectively.
September 22, 2023 | 3:15 pm
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A large investor or institution has taken a bullish stance on Baidu, with a significant position in options. This could indicate a positive short-term impact on Baidu's stock.
The large position in Baidu's options indicates a strong bullish sentiment from a large investor or institution. This could lead to increased buying pressure, potentially driving up the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100