Looking At Salesforce's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Salesforce (NYSE:CRM), indicating a bullish stance by a large investor or institution. The overall sentiment of these big-money traders is split between 54% bullish and 45% bearish. The price target for Salesforce over the last 3 months has been between $200.0 to $340.0. Several financial institutions have maintained their Buy or Outperform ratings on Salesforce, with price targets ranging from $250 to $260.
July 26, 2023 | 4:31 pm
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Salesforce has seen unusual options activity, indicating a bullish stance by a large investor or institution. Several financial institutions have maintained their Buy or Outperform ratings on Salesforce, with price targets ranging from $250 to $260.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on Salesforce, which could potentially drive the stock price up in the short term. Additionally, several financial institutions maintaining their Buy or Outperform ratings on Salesforce further supports the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100