Salesforce Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Salesforce (NYSE:CRM) has been observed, with unusual options activity. The sentiment among these big-money traders is split between 54% bullish and 45% bearish. The price target for Salesforce over the last 3 months has been between $65.0 to $230.0. Several experts have downgraded their actions but with high price targets. The next earnings are expected in 49 days.
October 11, 2023 | 7:18 pm
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Salesforce has seen unusual options activity with a bullish stance. The price target range is between $65.0 to $230.0. Several experts have downgraded their actions but with high price targets.
The unusual options activity indicates that big-money traders are taking a bullish stance on Salesforce. This, combined with the high price targets set by experts, suggests a positive short-term impact on the stock. However, the fact that several experts have downgraded their actions introduces some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100