Halliburton Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Halliburton (NYSE:HAL) has been observed through unusual options activity. The sentiment among these big-money traders is split between 57% bullish and 42% bearish. The whales have been targeting a price range from $25.0 to $50.0 for Halliburton over the last 3 months. The price of HAL is up 7.79% at $35.58. Citigroup, Goldman Sachs, Raymond James, and UBS have maintained their Buy ratings on Halliburton with price targets ranging from $42 to $46.
July 07, 2023 | 8:33 pm
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Halliburton has seen unusual options activity with a significant bullish stance. The price of HAL is up 7.79% and major financial institutions have maintained their Buy ratings with price targets ranging from $42 to $46.
The unusual options activity indicates a bullish stance on Halliburton, which is further supported by the maintained Buy ratings from major financial institutions. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100