This Is What Whales Are Betting On Salesforce
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Salesforce (NYSE:CRM), as evidenced by a significant position appearing in publicly available options history. The overall sentiment of these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $187.5 to $230.0 for Salesforce over the last 3 months. Several experts have downgraded their actions on Salesforce but with price targets above the current price of $203.13.
October 02, 2023 | 6:01 pm
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A large investor has taken a bullish stance on Salesforce, indicating potential positive movement for the stock. However, the sentiment among big-money traders is mixed, which could lead to volatility.
The bullish stance taken by a large investor typically indicates a belief in the company's positive performance, which could drive the stock price up. However, the mixed sentiment among big-money traders suggests there may be differing opinions on the stock's future performance, potentially leading to volatility.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100