AT&T Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on AT&T (NYSE:T) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 75% bearish. The major market movers are focusing on a price band between $13.0 and $17.0 for AT&T. The stock is currently trading at $15.72, down by -0.19%. Analysts from JP Morgan, Morgan Stanley, Citigroup, and Scotiabank have maintained their ratings on AT&T with price targets ranging from $17 to $19.
November 07, 2023 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
AT&T has seen unusual options activity indicating a bearish stance by a large investor. The stock is currently trading at $15.72, down by -0.19%.
The unusual options activity, with a 75% bearish sentiment, indicates that large investors are expecting the stock price to decrease. This could lead to a short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100