Looking At CVS Health's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on CVS Health (NYSE:CVS) with 90% of detected unusual options activity being bearish. Whales have been targeting a price range of $62.5 to $75.0 for CVS Health over the last 3 months. Analysts maintain Buy and Outperform ratings with price targets ranging from $88 to $102.
May 23, 2023 | 4:16 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
A whale has taken a bearish stance on CVS Health with 90% of detected unusual options activity being bearish. Analysts maintain Buy and Outperform ratings with price targets ranging from $88 to $102.
The bearish stance taken by the whale in the options market may create short-term downward pressure on CVS Health's stock price. However, the maintained Buy and Outperform ratings from analysts, along with their price targets, suggest a positive outlook for the company in the medium to long term. This creates a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100