This Is What Whales Are Betting On AstraZeneca
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on AstraZeneca (NASDAQ:AZN), with Benzinga's options scanner spotting 12 uncommon options trades. The sentiment of these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range of $67.5 to $80.0 for AstraZeneca over the last 3 months. Argus Research maintains a Buy rating on AstraZeneca with a price target of $80.
June 23, 2023 | 5:07 pm
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A large investor has taken a bullish stance on AstraZeneca, with 58% bullish sentiment among big-money traders. Whales target a price range of $67.5 to $80.0. Argus Research maintains a Buy rating with a price target of $80.
The bullish stance taken by a large investor, along with the 58% bullish sentiment among big-money traders, indicates a positive short-term impact on AstraZeneca's stock price. Additionally, Argus Research maintaining a Buy rating with a price target of $80 supports this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100