Check Out What Whales Are Doing With JD.com
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on JD.com (NASDAQ:JD) by a large investor, as indicated by a large position appearing in publicly available options history. The overall sentiment of these big-money traders is split between 63% bullish and 36% bearish. The major market movers are focusing on a price band between $25.0 and $40.0 for JD.com. Barclays, UBS, and Goldman Sachs maintain a positive rating on JD.com, while Bernstein and Morgan Stanley have revised their ratings downward.
November 08, 2023 | 4:46 pm
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A large investor has taken a bullish stance on JD.com, with a focus on a price band between $25.0 and $40.0. Analysts' ratings are mixed, with Barclays, UBS, and Goldman Sachs maintaining a positive rating, while Bernstein and Morgan Stanley have revised their ratings downward.
The bullish stance taken by a large investor, as well as the positive ratings maintained by Barclays, UBS, and Goldman Sachs, suggest a potential increase in JD.com's stock price. However, the downward revisions by Bernstein and Morgan Stanley indicate some uncertainty, which may moderate the potential increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100