Check Out What Whales Are Doing With CRM
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Salesforce (NYSE:CRM) by a large investor, as indicated by unusual options trading activity. The overall sentiment of these big-money traders is split between 41% bullish and 58% bearish. The whales have been targeting a price range from $150.0 to $230.0 for Salesforce over the last 3 months. Several financial institutions have downgraded their actions on Salesforce with price targets ranging from $240 to $275.
October 09, 2023 | 8:16 pm
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Salesforce has seen unusual options trading activity with a bearish sentiment. Several financial institutions have downgraded their actions on the company.
The bearish sentiment indicated by the unusual options trading activity and the downgrades by several financial institutions could negatively impact Salesforce's stock price in the short term.
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