KKR & Co Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for KKR & Co (NYSE:KKR) shows a bearish sentiment among investors, with 55% of trades being bearish. The options trades target a price range of $70.0 to $120.0. KKR, a major asset manager with $518.5 billion in AUM, is currently trading at $96.02, down by -1.64%. Analysts have issued mixed ratings, with a consensus target price of $96.5. The notable options activity and analyst ratings suggest a cautious outlook for KKR's stock in the short term.
February 13, 2024 | 7:15 pm
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Bearish options activity and mixed analyst ratings indicate a cautious short-term outlook for KKR & Co. The stock is currently down, trading at $96.02.
The bearish sentiment in options trading, combined with the current downward trend in KKR's stock price and mixed analyst ratings, suggests that the stock may face short-term challenges. The significant attention from options traders and analysts underscores the stock's current volatility and uncertain outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100