Cisco Systems Unusual Options Activity For August 25
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Cisco Systems (NASDAQ:CSCO), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $25.0 to $65.0 for Cisco Systems over the last 3 months. The current price of CSCO is up 1.1% at $55.84. Several financial institutions have maintained their ratings on Cisco Systems, with price targets ranging from $53 to $59.
August 25, 2023 | 7:45 pm
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Unusual options activity has been detected for Cisco Systems, with a majority of investors taking a bullish stance. The current price of CSCO is up 1.1% at $55.84. Several financial institutions have maintained their ratings on Cisco Systems, with price targets ranging from $53 to $59.
The bullish stance from the majority of investors in the options market, coupled with the maintained ratings from several financial institutions, suggests a positive short-term impact on Cisco Systems' stock. The current price increase also indicates a positive market sentiment towards the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100