Block Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Block (NYSE:SQ), with 72% of the investors opening trades with bullish expectations and 27% with bearish. The whale has been targeting a price range from $55.0 to $87.5 for Block over the last 3 months. The price of SQ is up 0.81% at $58.64. Analysts have mixed ratings on Block, with price targets ranging from $70 to $90.
September 05, 2023 | 2:46 pm
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Block (NYSE:SQ) has seen bullish activity from a whale investor, with a targeted price range of $55-$87.5. The stock price is currently up 0.81% at $58.64. Analysts have mixed ratings, with price targets from $70-$90.
The bullish activity from a whale investor indicates a positive sentiment towards Block, which could drive the stock price up in the short term. The current price of $58.64 is within the targeted range of $55-$87.5. However, the mixed analyst ratings suggest uncertainty about the company's future performance, which could impact investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100