What the Options Market Tells Us About Vertiv Hldgs
Portfolio Pulse from Benzinga Insights
Financial analysis of Vertiv Hldgs (NYSE:VRT) options market reveals a bearish sentiment with 69% of traders showing bearish tendencies. Notable options activity includes both puts and calls with a target price range from $40.0 to $86.0. Vertiv Hldgs, a company providing solutions for data centers and communication networks, has seen its stock price slightly increase by 0.11% to $85.43. Analysts have given an average target price of $89.0, with ratings ranging from Outperform to Buy. The next earnings report is expected in 16 days.
April 08, 2024 | 3:01 pm
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Vertiv Hldgs shows a bearish sentiment in options trading, with a slight increase in stock price to $85.43. Analysts have an average target price of $89.0, indicating potential growth.
The bearish sentiment in options trading contrasts with the slight increase in stock price and the optimistic target prices set by analysts. This discrepancy suggests that while short-term traders may be bearish, the overall market and analysts see potential growth in VRT, especially with earnings expected soon.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100