Check Out What Whales Are Doing With MAR
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Marriott Intl (NASDAQ:MAR), with 69% of the detected trades being bearish. The total amount for puts is $2,189,709 and for calls is $1,053,349. Whales have been targeting a price range from $130.0 to $220.0 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 and Morgan Stanley maintained their Buy and Overweight ratings respectively, with price targets of $225 and $232.
October 19, 2023 | 8:16 pm
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A whale investor has taken a bearish stance on Marriott Intl. The majority of detected trades are bearish, indicating a potential downward trend.
The bearish stance taken by a whale investor, along with the majority of detected trades being bearish, indicates a potential downward trend for Marriott Intl. This could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100