Boston Scientific Unusual Options Activity For October 12
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Boston Scientific (NYSE:BSX), with a bearish stance taken by a large investor. The overall sentiment of these big-money traders is split between 45% bullish and 54% bearish. The price of BSX is down -3.55% at $49.1. Barclays, Needham, Baird, Mizuho, and Citigroup have maintained their ratings on Boston Scientific with price targets ranging from $60 to $63.
October 12, 2023 | 6:03 pm
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NEGATIVE IMPACT
Boston Scientific has seen unusual options activity with a bearish stance taken by a large investor. The stock price is down -3.55% at $49.1. Analysts have maintained their ratings with price targets ranging from $60 to $63.
The unusual options activity, particularly the bearish stance taken by a large investor, indicates a potential negative impact on Boston Scientific's stock price in the short term. The current price drop of -3.55% further supports this. However, the maintained ratings and price targets by analysts suggest a potential recovery in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100