This Is What Whales Are Betting On Booking Holdings
Portfolio Pulse from Benzinga Insights
Whale investors have shown a bullish stance on Booking Holdings (NASDAQ:BKNG), with unusual options trading activity indicating a split sentiment of 61% bullish and 38% bearish. Significant trades have been detected, aiming for a price range of $2000 to $4300. The current market status of BKNG shows a slight price decrease with a neutral RSI, and an earnings announcement is expected in 15 days. An analyst from B. Riley Securities has issued a Buy rating with a price target of $4400.
April 17, 2024 | 3:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Whale investors' bullish bets and significant options trading activity suggest a positive outlook for Booking Holdings, with a price target of $4400 by B. Riley Securities.
The bullish sentiment among whale investors, combined with a Buy rating and a high price target from a market expert, suggests a positive short-term outlook for BKNG. The upcoming earnings announcement adds to the relevance, as it could provide further momentum depending on the results.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100