Looking At NextEra Energy's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for NextEra Energy (NYSE:NEE), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is between $40.0 and $67.5. The current price of NEE is $52.15, with RSI indicators suggesting the stock may be oversold. Analysts from Morgan Stanley, RBC Capital, BMO Capital, and Mizuho have maintained positive ratings on NextEra Energy, with price targets ranging from $65 to $91.
October 03, 2023 | 2:32 pm
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NextEra Energy has seen unusual options activity, with a bearish stance taken by majority investors. Analysts maintain positive ratings, with price targets ranging from $65 to $91.
The bearish stance taken by majority investors in the options market could potentially drive the stock price down in the short term. However, positive ratings and high price targets from analysts suggest a positive outlook in the longer term.
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IMPORTANCE 80
RELEVANCE 100