Market Whales and Their Recent Bets on ISRG Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Intuitive Surgical (NASDAQ:ISRG), with a significant move in options trading. Benzinga's tracking revealed 24 unusual options activities, with a bearish majority. The targeted price range for ISRG is between $300.0 and $430.0. Notable options activity includes both bullish and bearish sentiments, with a mix of puts and calls. Intuitive Surgical's current market status shows a slight price increase and a neutral RSI, with earnings expected in 2 days. Analysts from Stifel and Citigroup maintain Buy ratings with target prices of $430 and $462, respectively.

April 16, 2024 | 6:16 pm
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Intuitive Surgical has seen significant bearish options activity, with a price target range between $300 and $430. Despite this, analysts maintain Buy ratings with higher target prices. Earnings announcement is imminent.
The bearish sentiment from options traders contrasts with bullish analyst ratings, indicating uncertainty. The upcoming earnings announcement adds to this uncertainty, making it difficult to predict short-term price movement.
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