This Is What Whales Are Betting On Lululemon Athletica
Portfolio Pulse from Benzinga Insights
Whales have shown a predominantly bearish stance on Lululemon Athletica (NASDAQ:LULU), with 62% of detected trades being bearish. The options trading activity indicates a targeted price range of $195.0 to $550.0 for LULU over the last 3 months. Despite this, LULU's stock is currently up by 1.0%, trading at $354.31, with a neutral RSI indicator. Professional analysts have set an average price target of $411.0, with ratings ranging from Underperform to Overweight.
May 03, 2024 | 6:17 pm
News sentiment analysis
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NEUTRAL IMPACT
Bearish whale activity contrasts with a slight stock price increase and neutral RSI, amidst varied analyst ratings and a $411 avg price target.
The bearish sentiment from whales might suggest a cautious outlook, but the stock's recent performance and neutral RSI indicate stability. Analysts' varied ratings and the average price target above the current trading price suggest potential growth, making the short-term impact neutral.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100