Check Out What Whales Are Doing With JPM
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on JPMorgan Chase (JPM) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is 30% bullish and 70% bearish. Over the last three months, the price target for JPM has been between $140 and $155. The current price of JPM is $144.79, down 0.34%. Analysts from Piper Sandler, Oppenheimer, and Morgan Stanley have maintained their positive ratings on JPM, with price targets ranging from $170 to $233.
October 20, 2023 | 2:16 pm
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A large investor has taken a bearish stance on JPMorgan Chase (JPM), with unusual options activity indicating a 70% bearish sentiment. Analysts maintain positive ratings on JPM, with price targets up to $233.
The bearish stance taken by a large investor or institution, as indicated by the unusual options activity, could potentially drive the stock price down in the short term. However, the positive ratings and high price targets set by analysts could counteract this bearish sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100