Upstart Hldgs's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Upstart Holdings (NASDAQ:UPST) has seen a significant options trading activity, indicating a bullish sentiment among big-money investors, with a split of 66% bullish and 33% bearish. The trading activity suggests a target price range of $30.0 to $40.0 for the next three months. The company, which offers AI-enabled lending platform services, has its next earnings report due in 7 days. Despite the bullish options activity, an analyst from Mizuho maintains an Underperform rating with a target price of $23.
February 06, 2024 | 3:32 pm
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Upstart Holdings has witnessed a notable options trading activity, indicating a bullish sentiment among investors. However, an analyst from Mizuho maintains an Underperform rating with a target price of $23, contrasting with the bullish market sentiment.
The significant options trading activity on UPST suggests investor optimism, potentially driving short-term price movements upwards. However, the analyst's underperform rating and lower target price introduce a note of caution, indicating mixed signals that could influence investor sentiment and stock performance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100