Check Out What Whales Are Doing With Mastercard
Portfolio Pulse from Benzinga Insights
A large bearish position on Mastercard (NYSE:MA) has been noticed, with 69% of big-money traders showing bearish sentiment. The whales have been targeting a price range from $270.0 to $420.0 for Mastercard over the last 3 months. The current price of MA is up 1.16% at $368.29. Several financial institutions have maintained their Overweight rating on Mastercard with price targets ranging from $430 to $496.
October 30, 2023 | 5:01 pm
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A large bearish position has been taken on Mastercard, with a majority of big-money traders showing bearish sentiment. The stock's current price is up, and several financial institutions have maintained their Overweight rating on the company.
The large bearish position taken by big-money traders indicates a potential decrease in Mastercard's stock price. However, the stock's current price is up and several financial institutions have maintained their Overweight rating on the company, which could potentially counteract the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100