Micron Technology Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Micron Technology (NASDAQ:MU) as evidenced by unusual options activity. The sentiment among these big-money traders is split between 66% bullish and 33% bearish. The whales have been targeting a price range from $40.0 to $80.0 for Micron Technology over the last 3 months. Analysts from Wedbush, Baird, Citigroup, Goldman Sachs, and Rosenblatt have given their ratings and price targets for the company.
October 11, 2023 | 6:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Unusual options activity indicates a bullish stance on Micron Technology. Analysts have given various ratings and price targets.
The unusual options activity, with a majority being bullish, indicates that there is a positive sentiment towards Micron Technology. This could potentially drive the stock price up in the short term. The various ratings and price targets given by analysts also play a role in influencing investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100