This Is What Whales Are Betting On Meta Platforms
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards Meta Platforms, with 43% of options traders betting against the company. Despite this, analysts maintain positive ratings with price targets ranging from $600 to $645. Meta's stock is currently trading at $567.93, with an upcoming earnings announcement in 23 days.
September 30, 2024 | 1:45 pm
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NEUTRAL IMPACT
Meta Platforms is experiencing a mixed sentiment in the options market, with a slight bearish tilt. Analysts, however, maintain positive ratings with price targets up to $645. The stock is currently trading at $567.93, with an earnings announcement expected in 23 days.
The options market shows a slight bearish sentiment with 43% of traders betting against Meta. However, analysts maintain positive ratings, suggesting a neutral short-term impact. The stock's current price and upcoming earnings announcement add to the mixed outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100