Check Out What Whales Are Doing With AT&T
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on AT&T (NYSE:T), with 70% of recent trades being bearish and 30% bullish. The total amount for put options is $1,113,913 and for call options is $179,259. The targeted price range for AT&T over the last 3 months is $13.0 to $22.0. JP Morgan maintains a neutral rating on AT&T with a price target of $17.
October 16, 2023 | 5:46 pm
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NEGATIVE IMPACT
A significant investor has taken a bearish stance on AT&T, with majority of recent trades being bearish. The targeted price range for AT&T over the last 3 months is $13.0 to $22.0. JP Morgan maintains a neutral rating on AT&T with a price target of $17.
The bearish stance taken by a significant investor, along with the majority of recent trades being bearish, indicates a potential downward pressure on AT&T's stock price in the short term. However, JP Morgan's neutral rating suggests that the stock may not see significant movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100