Check Out What Whales Are Doing With CRM
Portfolio Pulse from Benzinga Insights
Whales have shown a bullish stance on Salesforce (NYSE:CRM) with 56% of options trades being bullish. The trades include 16 puts worth $867,792 and 14 calls worth $1,254,075. The price targets range from $100 to $300. Salesforce is currently trading at $253.59, down by 1.68%, with an RSI indicating a neutral position. An analyst from Piper Sandler maintains a Neutral rating with a target price of $250.
July 31, 2024 | 6:46 pm
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Whales have shown a bullish stance on Salesforce (NYSE:CRM) with 56% of options trades being bullish. The price targets range from $100 to $300. Salesforce is currently trading at $253.59, down by 1.68%, with an RSI indicating a neutral position. An analyst from Piper Sandler maintains a Neutral rating with a target price of $250.
The majority of options trades are bullish, indicating positive sentiment among large investors. Despite a recent price drop, the RSI is neutral, suggesting potential for upward movement. The analyst's neutral rating and target price close to the current price provide a balanced view.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100