Looking At Walt Disney's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Walt Disney (NYSE:DIS), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $75.0 to $90.0 for Walt Disney over the last 3 months. The company's stock price is currently down -0.1% at $80.6. Analysts from Seaport Global and Bernstein have downgraded their ratings but maintain a bullish price target, while JP Morgan maintains an Overweight rating with a price target of $120.
October 31, 2023 | 4:31 pm
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POSITIVE IMPACT
Unusual options activity has been observed for Walt Disney, with a bullish sentiment among investors. The stock price is currently down -0.1% at $80.6. Analysts have mixed ratings but maintain bullish price targets.
The bullish sentiment in the unusual options activity indicates that investors expect the stock price to rise. Despite the current dip in stock price, the bullish price targets set by analysts suggest a positive outlook for the stock. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100