Check Out What Whales Are Doing With Visa
Portfolio Pulse from Benzinga Insights
A large bearish position has been taken on Visa (NYSE:V), as noticed by Benzinga's options scanner. The overall sentiment of these big-money traders is 100% bearish. Whales have been targeting a price range from $190.0 to $250.0 for Visa over the last 3 months. Baird has downgraded its action to Outperform with a price target of $284, while JP Morgan maintains their Overweight rating on Visa, with a price target of $293.

October 10, 2023 | 3:30 pm
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A large bearish position has been taken on Visa, indicating potential downward pressure on the stock. Analysts have mixed views, with Baird downgrading its action to Outperform and JP Morgan maintaining their Overweight rating.
The large bearish position taken on Visa indicates that big-money traders expect the stock to go down. This could put downward pressure on the stock. However, analysts have mixed views, which could create some uncertainty in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100