Check Out What Whales Are Doing With Coca-Cola
Portfolio Pulse from Benzinga Insights
Wealthy investors have taken a bearish stance on Coca-Cola (NYSE:KO), as evidenced by recent options trades tracked by Benzinga. The sentiment is split with 50% bearish and 20% bullish. Analysts maintain positive ratings with an average price target of $72.0.
July 26, 2024 | 8:16 pm
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Wealthy investors have taken a bearish stance on Coca-Cola (NYSE:KO), as evidenced by recent options trades tracked by Benzinga. The sentiment is split with 50% bearish and 20% bullish. Analysts maintain positive ratings with an average price target of $72.0.
The significant bearish sentiment from wealthy investors, as indicated by the options trades, suggests a potential short-term decline in Coca-Cola's stock price. However, the positive analyst ratings and price targets provide a counterbalance, indicating mixed signals for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100