Check Out What Whales Are Doing With PDD
Portfolio Pulse from Benzinga Insights
Whales are showing a bullish stance on PDD Holdings, with significant options activity indicating a targeted price range of $100 to $185. The stock is currently trading at $133.61, up 7.01%, with an RSI suggesting it may be overbought. Analysts have a consensus target price of $224, with Macquarie upgrading its rating to Outperform.
October 22, 2024 | 3:01 pm
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Whales are bullish on PDD Holdings with significant options activity, indicating a price range of $100 to $185. The stock is up 7.01% at $133.61, with analysts targeting $224. Macquarie upgraded its rating to Outperform.
The significant bullish options activity and the stock's recent price increase suggest positive sentiment. The analyst upgrade and high target price further support a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100