Thermo Fisher Scientific Unusual Options Activity For October 19
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Thermo Fisher Scientific (NYSE:TMO), with a split sentiment of 58% bullish and 41% bearish among big-money traders. The options trades have targeted a price range from $370.0 to $570.0 for TMO over the last 3 months. The company's stock price is currently up 1.23% at $473.0. Several financial institutions have given their ratings and price targets for TMO, with JP Morgan maintaining an Overweight rating and a price target of $630.
October 19, 2023 | 6:17 pm
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Unusual options activity has been observed for Thermo Fisher Scientific, indicating potential significant movement in the stock price. The company's stock is currently up and several financial institutions have given positive ratings and high price targets.
The unusual options activity indicates that big-money traders are expecting significant movement in the stock price of Thermo Fisher Scientific. The current upward trend in the stock price and the positive ratings and high price targets given by several financial institutions suggest a potential increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100