Estee Lauder Cos Unusual Options Activity For September 27
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Estee Lauder Cos (NYSE:EL) as evidenced by unusual options activity. The sentiment among these big-money traders is 76% bullish and 23% bearish. The options trades indicate a targeted price range of $135.0 to $180.0 for Estee Lauder over the last 3 months. The current price of EL is $139.34, down 0.2%. Redburn Atlantic has upgraded its action to Neutral with a price target of $150.
September 27, 2023 | 3:02 pm
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Unusual options activity indicates a bullish stance on Estee Lauder Cos. The targeted price range is $135.0 to $180.0. The current price is $139.34.
The unusual options activity indicates that big-money traders are bullish on Estee Lauder Cos. This could potentially drive the stock price up in the short term. The targeted price range also suggests that these traders expect the stock price to rise. Redburn Atlantic's upgrade to Neutral with a price target of $150 also supports this bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100