This Is What Whales Are Betting On Citigroup
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Citigroup (NYSE:C), as evidenced by a significant position in the company's options. The overall sentiment of these big-money traders is split between 61% bullish and 38% bearish. The whales have been targeting a price range from $33.0 to $55.0 for Citigroup over the last 3 months. RBC Capital, Piper Sandler, and Oppenheimer maintain their positive ratings on Citigroup, while HSBC downgraded its action to Hold.
September 26, 2023 | 4:31 pm
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A large investor has taken a bullish stance on Citigroup, indicating potential positive movement in the short term. Analysts' ratings are mixed.
The large investment in Citigroup's options indicates a bullish sentiment, which could drive the stock price up in the short term. However, the mixed analyst ratings suggest some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100