This Is What Whales Are Betting On Lowe's Companies
Portfolio Pulse from Benzinga Insights
Large investors are taking a bearish stance on Lowe's Companies (NYSE:LOW) as observed through options trading. The sentiment is predominantly bearish with 11 out of 12 trades being puts. Analysts have mixed ratings, with price targets ranging from $230 to $262.
August 22, 2024 | 4:16 pm
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Large investors are showing a bearish sentiment on Lowe's Companies through options trading, with 11 out of 12 trades being puts. This suggests potential downward pressure on the stock price. Analysts have mixed ratings, with price targets ranging from $230 to $262.
The article highlights a significant bearish sentiment from large investors in Lowe's Companies, as evidenced by the options trading data. With 11 out of 12 trades being puts, there is a strong indication of expected downward movement in the stock price. Additionally, the mixed analyst ratings with a range of price targets suggest uncertainty in the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100