Smart Money Is Betting Big In VRT Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish trend in Vertiv Holdings (NYSE:VRT) options, with a significant amount of activity observed. Benzinga's tracking revealed 60 unusual options activities, with a bullish sentiment from 65% of these investors. The expected price range for VRT over the next three months is between $70.0 and $105.0. Current trading volume is 4,270,141 with a price increase of 0.81% to $82.61. RSI suggests potential overbought conditions. Analysts from B of A Securities and Evercore ISI Group maintain positive ratings with targets at $90 and $80, respectively.
March 26, 2024 | 3:46 pm
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Vertiv Holdings shows bullish investor sentiment in options trading, with a significant volume of activity. Analysts maintain positive outlooks with price targets of $90 and $80.
The bullish sentiment among deep-pocketed investors, combined with the significant options activity and positive analyst ratings, suggests a potential short-term price increase for VRT. The expected price range and current analyst targets support this outlook, although the RSI indication of potential overbought conditions adds a note of caution.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100