This Is What Whales Are Betting On Tenet Healthcare
Portfolio Pulse from Benzinga Insights
Financial giants have made bearish moves on Tenet Healthcare (NYSE:THC), with 44% of traders showing bearish tendencies. The major market movers are focusing on a price band between $125.0 and $150.0. The stock is currently trading at $137.96, up by 2.27%, but may be approaching overbought levels. Analysts have mixed ratings with an average target price of $129.4.

July 23, 2024 | 3:16 pm
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Financial giants are showing bearish tendencies on Tenet Healthcare with significant put options trades. The stock is currently trading at $137.96, up by 2.27%, but may be approaching overbought levels. Analysts have mixed ratings with an average target price of $129.4.
The article highlights a significant bearish sentiment among financial giants towards Tenet Healthcare, with 44% of traders showing bearish tendencies and substantial put options trades. Despite the current price increase, the stock may be approaching overbought levels, and analysts have mixed ratings with an average target price lower than the current price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100