This Is What Whales Are Betting On Intuit
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Intuit (NASDAQ:INTU) by a large investor, as observed from publicly available options history. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $450.0 to $680.0 for Intuit over the last 3 months. The price of INTU is currently down -0.9% at $528.49. Several experts have maintained their positive ratings on Intuit with price targets ranging from $575 to $660.
October 09, 2023 | 6:45 pm
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A large investor has taken a bearish stance on Intuit (NASDAQ:INTU), with big-money traders sentiment split 40% bullish and 60% bearish. The price of INTU is currently down -0.9% at $528.49. Several experts have maintained their positive ratings on Intuit with price targets ranging from $575 to $660.
The bearish stance taken by a large investor, as well as the 60% bearish sentiment among big-money traders, could potentially drive the stock price down in the short term. However, the positive ratings and price targets from experts suggest a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100