CVS Health Unusual Options Activity For August 21
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on CVS Health (NYSE:CVS) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. The whales have been targeting a price range from $55.0 to $85.0 for CVS Health over the last 3 months. The price of CVS is up 0.43% at $67.09. Several experts have maintained their positive ratings on CVS Health, with price targets ranging from $85 to $110.
August 21, 2023 | 8:00 pm
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Unusual options activity indicates a significant bearish stance on CVS Health. However, several experts maintain positive ratings, with price targets ranging from $85 to $110.
The bearish stance taken by a large investor, as indicated by the unusual options activity, could potentially drive the stock price down in the short term. However, the positive ratings and price targets given by several experts suggest a positive outlook for the company in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100