This Is What Whales Are Betting On Energy Transfer
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Energy Transfer (NYSE:ET), with 63% of investors opening trades with bullish expectations and 36% with bearish. The whale has been targeting a price range from $9.0 to $17.0 for Energy Transfer over the last 3 months. The price of ET is up 2.24% at $13.45. Goldman Sachs downgraded its action to Neutral with a price target of $14.
November 02, 2023 | 3:17 pm
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A whale investor has taken a bullish stance on Energy Transfer (ET), with a majority of investors opening trades with bullish expectations. The price of ET is up and Goldman Sachs has downgraded its action to Neutral with a price target of $14.
The bullish stance of a whale investor, along with the majority of investors opening trades with bullish expectations, indicates a positive sentiment towards ET. This, coupled with the recent price increase, suggests a potential short-term positive impact on the stock. However, Goldman Sachs' downgrade to Neutral could moderate this impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100