This Is What Whales Are Betting On BlackRock
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing a bullish stance on BlackRock (NYSE:BLK) with significant options trades detected. The sentiment is 61% bullish and 23% bearish, focusing on a price range between $700 and $1060. Analysts have mixed ratings, with price targets ranging from $864 to $1245.
October 23, 2024 | 3:00 pm
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Significant options trades on BlackRock indicate a bullish sentiment among wealthy investors, with a focus on a price range of $700 to $1060. Analysts have mixed ratings, with price targets from $864 to $1245.
The detection of 13 uncommon options trades with a 61% bullish sentiment suggests that investors expect positive movement in BlackRock's stock price. The mixed analyst ratings, with a majority leaning towards buy or overweight, further support a potential upward trend. The focus on a price range of $700 to $1060 indicates where investors see value or risk.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100