PayPal Holdings Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for PayPal Holdings (NASDAQ:PYPL), indicating a bullish stance by a large investor or institution. The overall sentiment of these big-money traders is split between 52% bullish and 47% bearish. The price target for PayPal Holdings over the last 3 months has been between $50.0 to $75.0. Analysts have mixed ratings on the stock, with some maintaining their ratings and others downgrading.
October 10, 2023 | 3:45 pm
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PayPal Holdings has seen significant unusual options activity, indicating a bullish stance by a large investor or institution. The price target for the last 3 months has been between $50.0 to $75.0. Analysts have mixed ratings on the stock.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on PayPal Holdings, which could potentially drive the stock price up in the short term. The price target range of $50.0 to $75.0 over the last 3 months also suggests a positive outlook. However, the mixed analyst ratings introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100