DexCom Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for DexCom (NASDAQ:DXCM), with a majority of investors taking a bullish stance. The trades include 6 puts and 9 calls, with a total amount of over $2 million. The targeted price range for DexCom over the last 3 months is from $60.0 to $115.0. The current price of DXCM is up 0.28% at $75.7. Analysts from Raymond James, Stifel, and Morgan Stanley have maintained their ratings on DexCom, with price targets of $131, $145, and $98 respectively.
October 13, 2023 | 6:17 pm
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DexCom has seen unusual options activity, with a majority of investors taking a bullish stance. Analysts have maintained their ratings, with price targets ranging from $98 to $145.
The unusual options activity, majority of which is bullish, indicates investor confidence in the stock. This, coupled with the maintained ratings from analysts, suggests a positive short-term impact on DexCom's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100