Intuit Unusual Options Activity For October 12
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Intuit (NASDAQ:INTU), with a majority of investors taking a bearish stance. The trades range from $495.0 to $570.0 for Intuit over the last 3 months. The current price of INTU is $541.09, with RSI indicators suggesting a neutral position. Analysts from Wells Fargo, Wolfe Research, Piper Sandler, Mizuho, and HSBC have given varied ratings and price targets.
October 12, 2023 | 6:34 pm
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Intuit has seen unusual options activity, with a majority of investors taking a bearish stance. Analysts have given varied ratings and price targets.
The unusual options activity, with a majority of investors taking a bearish stance, could potentially impact Intuit's stock price negatively in the short term. The varied analyst ratings and price targets also add to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100