Intuit Unusual Options Activity For July 19
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Intuit (NASDAQ:INTU), with a large position indicating a bullish stance. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The options trades suggest a target price range of $460.0 to $500.0 for Intuit. Keybanc has maintained their Overweight rating on Intuit with a price target of $525, while Exane BNP Paribas upgraded its action to Neutral with a price target of $532.
July 19, 2023 | 1:46 pm
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Unusual options activity suggests a bullish stance on Intuit. The target price range is $460.0 to $500.0. Keybanc maintains Overweight rating with a price target of $525, while Exane BNP Paribas upgrades to Neutral with a price target of $532.
The unusual options activity indicates that large investors are taking a bullish stance on Intuit. This, combined with the maintained Overweight rating from Keybanc and the upgraded action to Neutral from Exane BNP Paribas, suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100