This Is What Whales Are Betting On Visa
Portfolio Pulse from Benzinga Insights
Financial giants have made a bearish move on Visa, with 50% of options traders showing bearish tendencies. The analysis revealed 8 unusual trades, including 3 puts and 5 calls, with a price window of $245.0 to $290.0. Visa's current market status shows a slight decline, with a price of $274.28 and neutral RSI indicators. An analyst from Piper Sandler has revised Visa's rating to Overweight with a price target of $322.
June 11, 2024 | 7:16 pm
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Visa has seen a bearish sentiment from financial giants, with 50% of options traders showing bearish tendencies. The stock is currently priced at $274.28, with neutral RSI indicators. Piper Sandler has revised its rating to Overweight with a price target of $322.
The bearish sentiment from financial giants and the options trading data suggest a potential short-term decline in Visa's stock price. However, the revised rating from Piper Sandler to Overweight with a higher price target may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100