McKesson Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for McKesson (NYSE:MCK), with a significant bullish stance taken by a large investor. The sentiment among these big-money traders is 81% bullish and 18% bearish. The targeted price range for McKesson over the last 3 months is $400.0 to $440.0. Current price of MCK is down -2.19% at $425.6. Analysts from Mizuho, UBS, and Morgan Stanley have maintained their Neutral, Buy, and Overweight ratings respectively.
August 04, 2023 | 4:32 pm
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McKesson has seen unusual options activity with a significant bullish stance. The targeted price range is $400.0 to $440.0. Current price is $425.6.
The unusual options activity indicates that a large investor is taking a bullish stance on McKesson. This could potentially drive the stock price up in the short term. The targeted price range also suggests a potential upside for the stock. However, the current price is down, which may indicate some volatility in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100