Market Whales and Their Recent Bets on RTX Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish sentiment towards RTX (NYSE:RTX), with a significant move in options trading. Benzinga's tracking revealed 8 extraordinary activities, with a price band focus between $85.0 and $100.0. The sentiment is 75% bullish and 25% bearish among these trades. RTX, a major aerospace and defense company, has seen its stock price increase by 1.02% to $97.04, with an anticipated earnings release in 27 days. Analysts from TD Cowen and Wells Fargo have set price targets at $115 and $120, respectively.

March 27, 2024 | 6:30 pm
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POSITIVE IMPACT
RTX has attracted significant bullish sentiment from heavyweight investors in options trading, with a current stock price increase and positive analyst ratings.
The bullish sentiment from deep-pocketed investors, coupled with positive analyst ratings and a recent stock price increase, suggests a potential short-term upward movement for RTX. The focus on options trading within a specific price band indicates investor confidence in RTX's performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100