Costco Wholesale Unusual Options Activity For August 01
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Costco Wholesale (NASDAQ:COST), with 100% of the detected unusual options trades being bearish. The trades range from $465.0 to $820.0 for Costco Wholesale over the last 3 months. The price of COST is down -1.0% at $555.07. Analysts from Telsey Advisory Group, Citigroup, Oppenheimer, and Baird have given varied price targets for the stock.
August 04, 2023 | 9:53 am
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Costco Wholesale has seen unusual options activity with a bearish sentiment. The stock price is currently down, and analysts have given varied price targets.
The news indicates a bearish sentiment from a significant investor, which could potentially drive the stock price down in the short term. Additionally, the varied price targets from analysts suggest uncertainty about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100