This Is What Whales Are Betting On CVS Health
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on CVS Health (NYSE:CVS) by a large investor, as indicated by unusual options trading activity. The sentiment among these big-money traders is 71% bullish and 28% bearish. The targeted price range for CVS Health over the last 3 months is from $35.0 to $90.0. Analysts from JP Morgan, Barclays, and Mizuho have maintained their positive ratings on CVS Health, with price targets of $106, $89, and $88 respectively.
August 04, 2023 | 10:22 am
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Unusual options trading activity indicates a significant bullish stance on CVS Health. Analysts from JP Morgan, Barclays, and Mizuho have maintained their positive ratings, suggesting potential upside.
The bullish stance taken by a large investor, as indicated by the options trading activity, suggests confidence in the company's performance. This, coupled with the positive ratings maintained by analysts from JP Morgan, Barclays, and Mizuho, indicates a potential upside for CVS Health's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100