Check Out What Whales Are Doing With DELL
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Dell Technologies (NYSE:DELL), with significant options activity detected. The options activity includes 22 extraordinary trades, with 50% of investors leaning bearish. The price range targeted by these trades is between $100 and $200. Dell's stock is currently up 0.7% at $113.95, with analysts setting an average target price of $127.5. Recent analyst actions include downgrades from Susquehanna and Mizuho.
October 02, 2024 | 8:04 pm
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Dell Technologies is experiencing significant options activity with a bearish sentiment from major investors. The stock is currently up 0.7% at $113.95, but analysts have downgraded their ratings, setting a target price of $127.5.
The article highlights a bearish sentiment among major investors towards Dell Technologies, as evidenced by significant options activity. Despite the stock's current increase, the bearish sentiment and recent analyst downgrades suggest potential downward pressure on the stock price in the short term.
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