Check Out What Whales Are Doing With MAR
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Marriott Intl (NASDAQ:MAR) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $170.0 to $230.0 for Marriott Intl over the last 3 months. Truist Securities downgraded its action to Hold with a price target of $221, while B of A Securities maintained their Buy rating with a price target of $225.
October 13, 2023 | 6:47 pm
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A large investor has taken a bearish stance on Marriott Intl (NASDAQ:MAR). The sentiment among big-money traders is 33% bullish and 66% bearish. The price target range is $170-$230.
The bearish stance taken by a large investor, as well as the overall bearish sentiment among big-money traders, indicates a potential downward pressure on Marriott's stock price in the short term. Additionally, the current price of $193.25 is within the targeted price range of $170-$230, which further supports this prediction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100