PNC Finl Servs Gr Unusual Options Activity For August 08
Portfolio Pulse from Benzinga Insights
PNC Financial Services Group (NYSE:PNC) has seen unusual options activity, with 58% of investors opening trades with bullish expectations and 41% with bearish. Whales have been targeting a price range from $100.0 to $135.0 for PNC over the last 3 months. The price of PNC is down -1.98% at $129.78. Credit Suisse and Morgan Stanley have maintained their Neutral and Underweight ratings on PNC respectively.
August 08, 2023 | 7:45 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
PNC Financial Services Group has seen unusual options activity, with majority of investors bullish. The stock price is currently down.
The unusual options activity indicates that investors are speculating on the future price of PNC. While the majority of investors are bullish, the current price is down, indicating a potential short-term negative impact. However, the maintained ratings from Credit Suisse and Morgan Stanley could stabilize the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100