Lowe's Companies Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Lowe's Companies (NYSE:LOW), with a majority of investors taking a bearish stance. The targeted price range for Lowe's over the last 3 months is from $220.0 to $260.0. The current price of LOW is up 1.62% at $234.74. Argus Research and Truist Securities maintain a 'Buy' rating on Lowe's, with price targets of $260 and $249 respectively, while Wedbush maintains a 'Neutral' rating with a price target of $230.
July 21, 2023 | 7:04 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Lowe's Companies has seen unusual options activity, with a majority of investors taking a bearish stance. The stock's current price is up 1.62% at $234.74. Analysts from Argus Research and Truist Securities maintain a 'Buy' rating, while Wedbush maintains a 'Neutral' rating.
The unusual options activity indicates that investors are taking a bearish stance on Lowe's Companies, which could potentially impact the stock's price in the short term. However, the current price is up and analysts maintain mostly positive ratings, which could counteract the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100