This Is What Whales Are Betting On Chubb
Portfolio Pulse from Benzinga Insights
Whales have shown a bearish stance on Chubb (NYSE:CB) with significant options trades detected. 44% of the trades were bearish, while 33% were bullish. The price target range is $215.0 to $270.0. The stock is currently neutral with an RSI indicator and is down 0.42% at $261.94. An analyst from B of A Securities upgraded the rating to Neutral with a price target of $266.
June 13, 2024 | 7:02 pm
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Whales have shown a bearish stance on Chubb (NYSE:CB) with significant options trades detected. 44% of the trades were bearish, while 33% were bullish. The price target range is $215.0 to $270.0. The stock is currently neutral with an RSI indicator and is down 0.42% at $261.94. An analyst from B of A Securities upgraded the rating to Neutral with a price target of $266.
The majority of the options trades detected were bearish, indicating a negative sentiment among large investors. The stock is currently neutral according to RSI indicators, but the bearish options activity suggests potential downward pressure. The analyst upgrade to Neutral with a price target of $266 provides some support but may not offset the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100