Booking Holdings Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Booking Holdings (NASDAQ:BKNG) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is predominantly bearish at 88%. The targeted price range for Booking Holdings over the last 3 months is from $1600.0 to $3600.0. Argus Research has downgraded its action to Buy with a price target of $3677, while DA Davidson maintains a Neutral rating with a price target of $3400.
October 09, 2023 | 1:46 pm
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Booking Holdings has seen unusual options activity with a bearish sentiment. The targeted price range is from $1600.0 to $3600.0. Analysts have mixed views with Argus Research downgrading to Buy and DA Davidson maintaining a Neutral rating.
The unusual options activity indicates that a large investor is taking a bearish stance on Booking Holdings, which could potentially drive the stock price down in the short term. The mixed views from analysts further add to the uncertainty around the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100