DexCom Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on DexCom (NASDAQ:DXCM) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. The whales have been targeting a price range from $90.0 to $100.0 for DexCom over the last 3 months. The price of DXCM is currently down -0.03% at $88.8. Analysts from JP Morgan, Stifel, Leerink Partners, and Morgan Stanley have maintained their ratings on DexCom with price targets ranging from $100 to $145.
November 01, 2023 | 4:02 pm
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Unusual bullish options activity observed for DexCom. Analysts maintain positive ratings with price targets ranging from $100 to $145.
The unusual options activity indicates that a large investor has taken a bullish stance on DexCom. This, combined with the maintained positive ratings from analysts, suggests a potential increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100