Check Out What Whales Are Doing With IBM
Portfolio Pulse from Benzinga Insights
Wealthy investors have taken a bearish stance on IBM, as observed through significant options trades. Benzinga's options scanner detected 10 uncommon trades, with 60% being bearish. The predicted price range for IBM is between $150.0 and $190.0 over the next three months. Analysts have mixed ratings, with price targets ranging from $145 to $200.
May 31, 2024 | 8:02 pm
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Wealthy investors have taken a bearish stance on IBM, as observed through significant options trades. The predicted price range for IBM is between $150.0 and $190.0 over the next three months. Analysts have mixed ratings, with price targets ranging from $145 to $200.
The detection of significant bearish options trades by wealthy investors suggests a negative sentiment towards IBM in the short term. The mixed analyst ratings and the predicted price range further support this bearish outlook.
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