This Is What Whales Are Betting On Goldman Sachs Gr
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Goldman Sachs Gr (NYSE:GS) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 60% bearish and 40% bullish. The price range targeted by these investors for Goldman Sachs over the last 3 months is $290.0 to $350.0. Analysts have mixed opinions, with JMP Securities and Oppenheimer maintaining a price target of $450, while Citigroup maintains a Neutral rating with a price target of $380, and HSBC downgraded its action to Buy with a price target of $403.
October 02, 2023 | 8:31 pm
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Unusual options activity indicates a significant bearish stance on Goldman Sachs. Analysts have mixed opinions, with some maintaining high price targets while others have downgraded their ratings.
The bearish stance taken by a large investor, as indicated by the unusual options activity, could potentially drive the stock price down in the short term. Additionally, the mixed opinions from analysts could create uncertainty among other investors, further impacting the stock price.
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