Looking At AT&T's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for AT&T (NYSE:T), with a split sentiment of 50% bullish and 50% bearish among big-money traders. The options trades have targeted a price range from $3.0 to $34.0 for AT&T over the last 3 months. HSBC has maintained their Buy rating on AT&T with a price target of $19, while MoffettNathanson upgraded its action to Market Perform with a price target of $17.
June 29, 2023 | 6:49 pm
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AT&T has seen unusual options activity with a split sentiment among big-money traders. Analysts from HSBC and MoffettNathanson have given positive ratings with price targets of $19 and $17 respectively.
The unusual options activity indicates that there is significant interest in AT&T's stock, which could lead to increased volatility. The positive ratings from HSBC and MoffettNathanson suggest that the stock has potential for growth, which could positively impact its price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100