Petrobras Brasileiro Unusual Options Activity For June 26
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Petrobras Brasileiro (NYSE:PBR) with 60% of investors having bullish expectations and 40% bearish. Whales have been targeting a price range of $10 to $20 for the stock over the last 3 months. JP Morgan, Goldman Sachs, and Morgan Stanley have upgraded their ratings and price targets for PBR.
June 26, 2023 | 8:17 pm
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Petrobras Brasileiro (NYSE:PBR) experiences unusual options activity with a majority of investors bullish. Major financial institutions have upgraded their ratings and price targets for the stock.
The unusual options activity, with a majority of investors being bullish, indicates a positive sentiment towards Petrobras Brasileiro. Additionally, major financial institutions such as JP Morgan, Goldman Sachs, and Morgan Stanley have upgraded their ratings and price targets for the stock, further supporting the bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100