General Motors Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for General Motors (NYSE:GM), with a majority of investors taking a bullish stance. The trades range from $33.0 to $50.0. The price of GM is currently down -0.35% at $39.09. Analysts from Jefferies, Morgan Stanley, Citigroup, Barclays, and Wells Fargo have maintained their ratings on GM, with price targets ranging from $32 to $89.
July 20, 2023 | 4:01 pm
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Unusual options activity detected for General Motors, with majority investors bullish. Analysts maintain ratings, price targets range $32-$89.
The unusual options activity indicates a mixed sentiment among investors, with a majority being bullish. However, the current price of GM is down, and the price targets from various analysts show a wide range. This could lead to uncertainty in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100