Check Out What Whales Are Doing With Boeing
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on Boeing (NYSE:BA), as indicated by a significant position in options. The sentiment among these big-money traders is split, with 31% bullish and 68% bearish. The whales have been targeting a price range from $150.0 to $280.0 for Boeing over the last 3 months. Currently, the price of BA is down -1.43% at $195.94. Citigroup, Susquehanna, and TD Cowen have maintained their ratings on Boeing with price targets of $285, $270, and $260 respectively.
September 26, 2023 | 6:31 pm
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A large investor has taken a bearish stance on Boeing, potentially indicating a negative outlook. The current price is down -1.43%.
The bearish stance taken by a large investor, as indicated by a significant options position, suggests a negative outlook for Boeing. This, combined with the current price drop, could potentially impact the stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100