Looking At Kenvue's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Kenvue (NYSE:KVUE), with a majority of investors taking a bearish stance. The targeted price range for Kenvue over the last 3 months has been $19.0 to $21.0. The current price of KVUE is up 1.01% at $19.43. Goldman Sachs has maintained their Buy rating on Kenvue with a price target of $26.
November 03, 2023 | 7:45 pm
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NEUTRAL IMPACT
Kenvue has seen unusual options activity, with majority investors bearish. Goldman Sachs maintains a Buy rating with a price target of $26.
The unusual options activity indicates that investors are taking a bearish stance on Kenvue, which could potentially impact the stock price. However, Goldman Sachs maintaining their Buy rating with a price target of $26 provides a counterbalance, indicating potential upside. The net impact is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100