This Is What Whales Are Betting On Nike
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Nike (NYSE:NKE) with significant options activity. 66% of the options are bearish, indicating potential price movements between $70 and $90. Analysts have mixed ratings, with target prices ranging from $79 to $93.
September 03, 2024 | 5:31 pm
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Significant bearish options activity on Nike suggests potential price movements between $70 and $90. Analysts have mixed ratings, with target prices ranging from $79 to $93.
The article highlights a significant bearish sentiment among large investors, with 66% of options activity being bearish. This suggests a potential downward pressure on Nike's stock price. Additionally, mixed analyst ratings with a range of target prices indicate uncertainty in the market's outlook for Nike.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100