Check Out What Whales Are Doing With CVNA
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Carvana (NYSE:CVNA) with a mix of bullish and bearish options activities. The options scanner highlighted 23 extraordinary options trades, indicating a potential price range of $80.0 to $185.0. The stock is currently down 1.71% at $98.27, with RSI indicators suggesting it may be oversold. An analyst from JMP Securities has lowered its rating to Market Outperform with a price target of $135.
June 03, 2024 | 7:16 pm
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Deep-pocketed investors are showing significant interest in Carvana with a mix of bullish and bearish options activities. The stock is currently down 1.71% at $98.27, with RSI indicators suggesting it may be oversold. An analyst from JMP Securities has lowered its rating to Market Outperform with a price target of $135.
The significant interest from deep-pocketed investors and the mix of bullish and bearish options activities suggest potential volatility in the short term. The stock's current price and RSI indicators hint at a possible rebound. Additionally, the analyst rating and price target provide a positive outlook.
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