Abbott Laboratories Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Abbott Laboratories (NYSE:ABT) has seen significant options activity, with an equal mix of bullish and bearish sentiment among investors. The trades suggest a price range target of $92.5 to $115.0. Current trading volume is 1,707,071 with a price increase of 0.43% to $111.65. Analysts from Citigroup and Evercore ISI Group maintain positive outlooks with price targets of $128 and $125, respectively. The anticipated earnings release is in 6 days.
April 11, 2024 | 6:31 pm
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Abbott Laboratories has experienced notable options activity, indicating investor interest in both bullish and bearish directions. Analysts maintain a positive outlook with high price targets. The stock is currently up, with an earnings release expected soon.
The mix of bullish and bearish options activity reflects a diverse investor sentiment, but the overall analyst optimism and the upcoming earnings release suggest a potential positive short-term impact on ABT's stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100