Comcast Unusual Options Activity For October 18
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Comcast (NASDAQ:CMCSA), with a bearish stance taken by a large investor. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $40.0 to $47.5 for Comcast over the last 3 months. JP Morgan has maintained their Neutral rating on Comcast, with a price target of $49, while Seaport Global downgraded its action to Buy with a price target of $53.
October 18, 2023 | 6:46 pm
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Unusual options activity observed for Comcast (NASDAQ:CMCSA) with a bearish stance taken by a large investor. This could potentially impact the stock's price in the short term.
The unusual options activity, particularly the bearish stance taken by a large investor, indicates that there may be a negative sentiment towards Comcast. This could potentially lead to a decrease in the stock's price in the short term.
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