A Closer Look at Goldman Sachs Gr's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Goldman Sachs Gr (NYSE:GS), as revealed by Benzinga's tracking of public options records. The analysis of 11 extraordinary options activities indicates a divided mood among investors, with a significant lean towards bearishness. The options data suggests a price target range for GS between $340.0 and $430.0 over the next three months. Current trading volume and price trends, along with professional analyst ratings, suggest a cautious but potentially rewarding approach for traders.
March 14, 2024 | 4:01 pm
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NEUTRAL IMPACT
Goldman Sachs Gr (GS) has seen a bearish sentiment in its options market, with a price target range set between $340 and $430. Trading volume and analyst ratings suggest a nuanced outlook.
The bearish sentiment among deep-pocketed investors, as indicated by the options market activity, suggests caution. However, the current trading volume, price uptick, and analyst ratings, particularly the upgrade by Daiwa Capital to Outperform with a target price of $430, provide a counterbalance. This mixed sentiment could lead to short-term volatility but also presents a potential upside, hence the neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100