Market Whales and Their Recent Bets on USB Options
Portfolio Pulse from Benzinga Insights
Market whales have shown a bullish stance on U.S. Bancorp (NYSE:USB) through recent options trades, with a sentiment split of 53% bullish and 46% bearish. Notable options activity includes both calls and puts, targeting a price range of $35.0 to $50.0 for USB over the last 3 months. U.S. Bancorp, a major regional bank, has seen its stock price increase by 1.48% to $40.02, with an RSI indicating it may be approaching oversold. Analysts have issued ratings with a consensus target price of $49.6, varying from Neutral to Buy.
April 19, 2024 | 7:02 pm
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U.S. Bancorp's recent options activity and analyst ratings suggest a bullish market sentiment, with a price target consensus at $49.6. The stock's current uptrend and potential oversold RSI status may influence short-term price movements.
The bullish sentiment from market whales, combined with a positive analyst outlook and the stock's current performance, suggests a potential for short-term price appreciation. The detailed options activity and the consensus target price significantly impact investor sentiment and could drive the stock price closer to the analysts' expectations.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100