Looking At Anheuser-Busch InBev's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Anheuser-Busch InBev (NYSE:BUD), with 66% of recent trades being bullish and 33% bearish. The majority of trades are puts, with a total amount of $553,653, and calls amounting to $232,900. Whales have been targeting a price range from $45.0 to $60.0 for Anheuser-Busch InBev over the last 3 months. The current price of BUD is down -1.21% at $56.16. Morgan Stanley has upgraded its action to Overweight with a price target of $68.
August 04, 2023 | 11:53 am
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Anheuser-Busch InBev has seen significant bullish trading activity, with a target price range of $45-$60. The current price is down, but Morgan Stanley has upgraded its rating to Overweight with a $68 target.
The bullish trading activity and the upgrade from Morgan Stanley indicate a positive outlook for BUD. However, the current price is down, which may present a buying opportunity for investors.
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