This Is What Whales Are Betting On AT&T
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on AT&T (NYSE:T), with Benzinga's options scanner spotting 13 uncommon options trades for the company. The sentiment of these big-money traders is split between 61% bullish and 38% bearish. Whales have been targeting a price range from $13.0 to $17.0 for AT&T over the last 3 months. RBC Capital, Goldman Sachs, and Citigroup have maintained their ratings on AT&T, while Morgan Stanley downgraded its action to Equal-Weight.
August 21, 2023 | 4:15 pm
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A large investor has taken a bullish stance on AT&T, with uncommon options trades spotted. Analysts have mixed ratings on the company.
The news of a large investor taking a bullish stance on AT&T, coupled with the mixed analyst ratings, could potentially influence the stock's performance in the short term. The bullish sentiment from the large investor could drive the stock price up, while the mixed analyst ratings could create some uncertainty among other investors.
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IMPORTANCE 80
RELEVANCE 100