This Is What Whales Are Betting On Marriott Intl
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Marriott Intl (NASDAQ:MAR) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is split, with 41% bullish and 58% bearish. The whales have been targeting a price range from $170.0 to $200.0 for Marriott Intl over the last 3 months. The price of MAR is currently down -0.77% at $192.25. Analysts from B of A Securities, Truist Securities, and TD Cowen have given their ratings and price targets for the company.
October 03, 2023 | 4:31 pm
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A large investor has taken a bearish stance on Marriott Intl, with a significant options position. The sentiment among big-money traders is split, with 41% bullish and 58% bearish. The price of MAR is currently down -0.77% at $192.25.
The bearish stance taken by a large investor, as indicated by the significant options position, suggests that there may be a negative outlook for Marriott Intl. This, combined with the current sentiment among big-money traders, could potentially impact the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100