Looking At Costco Wholesale's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Costco Wholesale (NASDAQ:COST), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last three months is between $450 and $650. Analysts from Roth MKM, Truist Securities, DA Davidson, B of A Securities, and Telsey Advisory Group have maintained their ratings on Costco, with price targets ranging from $502 to $619.
October 04, 2023 | 7:16 pm
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Costco Wholesale has seen unusual options activity, with a majority of investors taking a bearish stance. Analysts have maintained their ratings, with price targets ranging from $502 to $619.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward pressure on Costco's stock price in the short term. However, the maintained ratings and price targets by analysts suggest a mixed outlook.
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IMPORTANCE 75
RELEVANCE 100