Target Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Target (NYSE:TGT) as indicated by unusual options activity. The activity was split between 50% bullish and 50% bearish, with 6 puts and 4 calls. The price range targeted by these options traders over the last 3 months is from $110.0 to $185.0. Current price of TGT is $119.77, up 0.36%. Analysts from Morgan Stanley, Daiwa Capital, and Evercore ISI Group have maintained their ratings on Target with price targets of $140, $134, and $142 respectively.
September 19, 2023 | 4:16 pm
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Unusual options activity indicates a significant bullish stance on Target. The price range targeted by these options traders over the last 3 months is from $110.0 to $185.0. Current price of TGT is $119.77, up 0.36%. Analysts have maintained their ratings on Target with price targets of $140, $134, and $142 respectively.
The unusual options activity indicates that there is significant interest in Target's stock, with a bullish stance being taken. This could potentially drive the stock price up in the short term. The maintained ratings from analysts also provide a positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100