Charles Schwab Unusual Options Activity For June 07
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Charles Schwab (NYSE:SCHW), with 11 strange trades detected. Whales have been targeting a price range of $30.0 to $75.0 for the stock over the last 3 months. Jefferies maintains a Buy rating with a price target of $64, while Raymond James upgraded its action to Outperform with a price target of $63.
June 07, 2023 | 8:47 pm
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Charles Schwab has seen unusual options activity, with whales targeting a $30-$75 price range. Jefferies maintains a Buy rating with a $64 price target, while Raymond James upgraded to Outperform with a $63 price target.
The unusual options activity indicates that there is significant interest in Charles Schwab's stock, with a majority of the investors having bearish expectations. However, the positive analyst ratings from Jefferies and Raymond James suggest that the stock has potential for growth in the short term, which could lead to an increase in its price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100