Colgate-Palmolive Unusual Options Activity For October 18
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Colgate-Palmolive (NYSE:CL), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 66% bullish and 33% bearish. The targeted price range for Colgate-Palmolive over the last 3 months is from $70.0 to $77.5. Citigroup, Barclays, JP Morgan, B of A Securities, and HSBC have maintained their ratings on Colgate-Palmolive with price targets ranging from $73 to $85.
October 18, 2023 | 6:01 pm
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Unusual options activity indicates a bullish stance on Colgate-Palmolive. The sentiment among big-money traders is 66% bullish. Analysts have maintained their ratings with price targets ranging from $73 to $85.
The unusual options activity, which is heavily skewed towards bullish sentiment, indicates that big-money traders are expecting the price of Colgate-Palmolive to rise. This is further supported by the maintained ratings and price targets from various analysts, which are all above the current price of $72.24.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100