Check Out What Whales Are Doing With MDLZ
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Mondelez International (NASDAQ:MDLZ), with 73% of recent trades being bearish. The majority of these trades are puts, totaling $3,223,487, compared to $208,556 in calls. Whales have been targeting a price range from $55.0 to $67.5 for Mondelez International over the last 3 months. TD Cowen and HSBC have both downgraded their actions on MDLZ, with price targets of $82 and $84 respectively.
October 09, 2023 | 5:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A significant investor has taken a bearish stance on Mondelez International, with the majority of recent trades being bearish. This, combined with downgrades from TD Cowen and HSBC, could potentially impact the stock negatively in the short term.
The bearish stance taken by a significant investor, evidenced by the majority of recent trades being puts, indicates a lack of confidence in the stock. This, combined with downgrades from TD Cowen and HSBC, could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100