This Is What Whales Are Betting On General Electric
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on General Electric (NYSE:GE), with 63% of investors opening trades with bullish expectations. The whale has been targeting a price range from $90.0 to $125.0 for GE over the last 3 months. Deutsche Bank has downgraded its action to Buy with a price target of $141. The price of GE is currently down -0.54% at $108.2.
October 03, 2023 | 6:45 pm
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POSITIVE IMPACT
Bullish stance by a whale investor and a price target of $141 by Deutsche Bank indicate positive sentiment for General Electric. However, the current price is down -0.54% at $108.2.
The bullish stance by a whale investor and the price target set by Deutsche Bank indicate a positive outlook for GE. However, the current price drop may cause some short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100