U.S. Bancorp Unusual Options Activity For September 27
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on U.S. Bancorp (NYSE:USB) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 45% bullish and 54% bearish. The whales have been targeting a price range from $27.5 to $45.0 for U.S. Bancorp over the last 3 months. The price of USB is currently down -2.0% at $32.36. Analysts from Oppenheimer, Citigroup, Piper Sandler, and HSBC have maintained their ratings on U.S. Bancorp with price targets of $62, $37, $40, and $39 respectively.
September 27, 2023 | 6:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
U.S. Bancorp has seen unusual options activity with a bearish sentiment. The stock price is currently down, and analysts have maintained their ratings with varied price targets.
The unusual options activity, particularly the bearish sentiment, indicates that there may be a negative impact on U.S. Bancorp's stock price in the short term. The varied price targets from analysts also suggest uncertainty around the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100