This Is What Whales Are Betting On Petrobras Brasileiro
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Petrobras Brasileiro (NYSE:PBR), as evidenced by a significant position in the company's options. The overall sentiment of these big-money traders is 80% bullish and 20% bearish. The whales have been targeting a price range from $12.0 to $20.0 for Petrobras Brasileiro over the last 3 months. The price of PBR is currently up 0.52% at $15.43.
October 24, 2023 | 6:45 pm
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A large investor has taken a bullish stance on Petrobras Brasileiro, indicating a potential increase in the stock's price. The target price range is $12-$20.
The bullish stance taken by a large investor, as evidenced by a significant position in the company's options, indicates a belief in the stock's potential to increase in price. This could influence other investors and drive up the stock's price. The target price range of $12-$20 further supports this potential increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100