Check Out What Whales Are Doing With AMT
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on American Tower (NYSE:AMT), as evidenced by a significant position in the company's options. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The price target for AMT, based on volume and open interest, is between $150 and $200. The current price of AMT is $159.43, down 2.06%. Analysts from Citigroup, JP Morgan, Morgan Stanley, and Wells Fargo have maintained their positive ratings on AMT.
October 19, 2023 | 8:32 pm
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A large investor has taken a bullish stance on American Tower, which could potentially influence the stock's performance. The price target based on volume and open interest is between $150 and $200.
The large investment in AMT's options indicates a bullish stance, which could potentially drive the stock price up. The price target based on volume and open interest also suggests a potential increase in the stock price. However, the sentiment among these big-money traders is split 50% bullish and 50% bearish, which adds some uncertainty to the prediction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100