This Is What Whales Are Betting On Walmart
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Walmart (NYSE:WMT) with significant options activity. 61% of the options activity is bearish, with a focus on a price range between $63.33 and $105. Analysts have mixed ratings, with price targets ranging from $88 to $95.
September 24, 2024 | 5:16 pm
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Walmart is experiencing unusual options activity with a bearish sentiment from major investors. 61% of the options are bearish, focusing on a price range of $63.33 to $105. Analysts have mixed ratings, with price targets from $88 to $95.
The significant bearish options activity suggests that major investors expect a potential decline in Walmart's stock price. The mixed analyst ratings and price targets indicate uncertainty in the market, but the overall sentiment from options traders is bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100