Johnson & Johnson Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Johnson & Johnson (NYSE:JNJ), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 69% bullish and 30% bearish. The whales have been targeting a price range from $135.0 to $195.0 for Johnson & Johnson over the last 3 months. The price of JNJ is up 0.51% at $163.49. Cantor Fitzgerald and Morgan Stanley have given an Overweight and Equal-Weight rating respectively, with price targets of $215 and $172.
September 12, 2023 | 7:15 pm
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Johnson & Johnson has seen unusual options activity, with a large position indicating a bullish stance. The price of JNJ is up 0.51% at $163.49.
The unusual options activity, particularly the bullish stance taken by a large position, indicates a potential positive movement for JNJ in the short term. This is further supported by the current upward movement of the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100