Check Out What Whales Are Doing With AT&T
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on AT&T (NYSE:T) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The whales have been targeting a price range from $13.0 to $16.0 for AT&T over the last 3 months. Citigroup has upgraded AT&T to Buy with a price target of $17.
September 15, 2023 | 6:34 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Unusual options activity indicates a significant bullish stance on AT&T. Citigroup has upgraded the stock to Buy with a price target of $17.
The unusual options activity, with a significant portion being bullish, indicates that large investors or institutions see potential upside in AT&T's stock. This is further supported by Citigroup's upgrade of the stock to Buy with a price target of $17, which suggests that the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100