Looking At American Tower's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for American Tower (NYSE:AMT), with a majority of investors taking a bearish stance. The price range targeted by these investors is between $150.0 and $180.0. The current price of AMT is $163.49, down by 1.35%. Morgan Stanley has maintained their Equal-Weight rating on American Tower, with a price target of $212.

September 26, 2023 | 8:01 pm
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Unusual options activity has been detected for American Tower, with majority of investors bearish. The stock price is currently down.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward pressure on the stock price in the short term. The current price drop of 1.35% aligns with this sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100