Check Out What Whales Are Doing With CHTR
Portfolio Pulse from Benzinga Insights
Investors and traders have shown a bearish stance on Charter Communications (NASDAQ:CHTR), as evidenced by recent options trading activity. Benzinga's options scanner revealed 16 unusual trades, with a sentiment split of 31% bullish and 68% bearish. The trades aim for a price range of $170 to $540 for CHTR over the next three months. Analysts have varying opinions on CHTR, with price targets ranging from $280 to $472. The company, a major U.S. cable provider, is currently trading at $290, slightly down by 0.1%.
February 07, 2024 | 7:30 pm
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Charter Communications has seen significant options trading activity, indicating a bearish sentiment among investors. Analysts have mixed views, with price targets ranging from $280 to $472. The company's current trading price is $290, with a slight decrease of 0.1%.
The bearish sentiment indicated by the options trading activity, combined with the mixed analyst ratings and the slight decrease in the current trading price, suggests a potential short-term negative impact on CHTR's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100