Dell Technologies Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Dell Technologies (NYSE:DELL), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last three months is between $55.0 and $85.0. The current price of DELL is $72.16, up by 2.35%. Analysts have mixed ratings on Dell, with Barclays downgrading it to Underweight with a price target of $53, while UBS maintains a Buy rating with a price target of $69.
September 11, 2023 | 8:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dell Technologies has seen unusual options activity, with a majority of investors taking a bearish stance. The targeted price range is between $55.0 and $85.0. The current price of DELL is $72.16, up by 2.35%. Analysts have mixed ratings on Dell.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward pressure on the stock price. The current price is within the targeted range, but the bearish sentiment could drive it towards the lower end. The mixed analyst ratings also add uncertainty to the stock's outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100