Looking At Intuit's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity shows a whale taking a bullish stance on Intuit (NASDAQ:INTU). 50% of investors opened trades with bullish expectations, while the other 50% had bearish expectations. Whales have been targeting a price range of $420 to $470 for Intuit over the last 3 months. Several financial institutions maintain Buy or Overweight ratings on Intuit with price targets ranging from $485 to $550.
June 06, 2023 | 2:47 pm
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Unusual options activity indicates a bullish stance on Intuit, with a target price range of $420 to $470. Financial institutions maintain Buy or Overweight ratings on the stock.
The article highlights unusual options activity with a bullish stance on Intuit, indicating that investors expect the stock price to rise. Additionally, several financial institutions maintain Buy or Overweight ratings on the stock, further supporting the bullish sentiment. This information suggests a positive short-term impact on Intuit's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100