Looking At Prologis's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Prologis (NYSE:PLD), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 15 options trades for Prologis, with 80% of the sentiment being bearish. The price target for Prologis over the last 3 months has been targeted at $105.0. Truist Securities, Raymond James, and Barclays have given price targets of $135, $130, and $153 respectively.
October 24, 2023 | 4:01 pm
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Prologis has seen unusual options activity with a large investor taking a bearish stance. The price target for the last 3 months has been $105.0, while Truist Securities, Raymond James, and Barclays have given price targets of $135, $130, and $153 respectively.
The bearish stance taken by a large investor indicates a potential decrease in the stock price of Prologis. The price target of $105.0 over the last 3 months is lower than the current price of $100.97, further supporting the bearish sentiment. However, the price targets given by Truist Securities, Raymond James, and Barclays are higher than the current price, indicating a potential increase in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100