Check Out What Whales Are Doing With PDD
Portfolio Pulse from Benzinga Insights
Whales have shown a mixed sentiment on PDD Holdings (NASDAQ:PDD), with a bearish stance overall. Benzinga's options scanner revealed 42 uncommon options trades, indicating a split sentiment of 42% bullish and 57% bearish. The trades suggest a target price range of $100.0 to $165.0 for PDD Holdings. The largest options trades include both bullish and bearish sentiments, with significant amounts invested. PDD Holdings is a multinational commerce group, currently up by 1.93% at $126.13, with its next earnings report due in 2 days. Analysts have mixed opinions, with an average target price of $146.5.
March 18, 2024 | 2:01 pm
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Whales' mixed sentiment on PDD Holdings, with a bearish lean, suggests volatility. The stock is currently up, with an earnings report imminent. Analysts have mixed views, with an average target price of $146.5.
The mixed sentiment from whales, combined with the upcoming earnings report and current stock performance, suggests potential short-term volatility. Analysts' mixed ratings add to the uncertainty, making it difficult to predict the stock's direction confidently.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100