Check Out What Whales Are Doing With AT&T
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on AT&T (NYSE:T), with Benzinga's options scanner spotting 10 uncommon options trades for the company. The sentiment of these big-money traders is split evenly between bullish and bearish. The trades include 5 puts, totalling $485,363, and 5 calls, totalling $452,635. Whales have been targeting a price range from $15.0 to $17.0 for AT&T over the last 3 months. Analysts from Morgan Stanley, Scotiabank, JP Morgan, and Citigroup have maintained their ratings on AT&T, with price targets ranging from $17 to $19.

October 25, 2023 | 4:16 pm
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NEUTRAL IMPACT
A large investor has taken a bullish stance on AT&T, with 10 uncommon options trades spotted. The sentiment of these big-money traders is split evenly between bullish and bearish.
The news of a large investor taking a bullish stance on AT&T could potentially influence other investors and cause a short-term increase in the stock's price. However, the sentiment of these big-money traders is split evenly between bullish and bearish, which could offset any potential impact. Furthermore, the price targets set by analysts suggest a potential upside for the stock, but this is not guaranteed.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100