Salesforce Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Salesforce (NYSE:CRM) as indicated by unusual options activity. The sentiment among these big-money traders is split between 66% bullish and 33% bearish. The whales have been targeting a price range from $175.0 to $240.0 for Salesforce over the last 3 months. Mizuho maintains a Buy rating on Salesforce with a price target of $250, while Morgan Stanley downgraded its action to Equal-Weight with a price target of $278.

August 25, 2023 | 4:01 pm
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Salesforce has seen unusual options activity, indicating a bullish stance. The sentiment among big-money traders is split between 66% bullish and 33% bearish. Price targets range from $175 to $240.
The unusual options activity and the bullish stance taken by big-money traders indicate a potential positive impact on Salesforce's stock. The price targets ranging from $175 to $240 also suggest a positive outlook. However, the sentiment is not entirely bullish, with 33% being bearish, indicating some level of uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100