Check Out What Whales Are Doing With AMZN
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Amazon.com (NASDAQ:AMZN), with 70% of the spotted trades being bearish. The whales have been targeting a price range from $120.0 to $140.0 for Amazon.com over the last 3 months. The price of AMZN is currently down -1.86% at $123.64. Several experts have downgraded their actions on Amazon.com with price targets ranging from $160 to $180.
September 28, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A significant investor has taken a bearish stance on Amazon.com. The price of AMZN is currently down -1.86% at $123.64. Several experts have downgraded their actions on Amazon.com with price targets ranging from $160 to $180.
The bearish stance taken by a significant investor, along with the downgrades from several experts, indicates a potential negative short-term impact on Amazon.com's stock price. The current price of AMZN is already down, which further supports this analysis.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100