This Is What Whales Are Betting On Bank of America
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 19 options trades for Bank of America (NYSE:BAC) totaling $1,049,124. Whales have been targeting a price range from $25.0 to $33.0 for Bank of America over the last 3 months. The price of BAC is up 1.42% at $31.75. Morgan Stanley, BMO Capital, and Oppenheimer have maintained their ratings on Bank of America with price targets of $34, $40, and $52 respectively.
August 07, 2023 | 7:45 pm
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POSITIVE IMPACT
Bank of America has seen significant options trading activity. The stock price is up and analysts have maintained their ratings with varying price targets.
The news indicates a high level of options trading activity for Bank of America, suggesting investor interest. The stock price is rising, and analysts have maintained their ratings, indicating a positive outlook. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100