Starbucks Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Recent options trading activity for Starbucks (NASDAQ:SBUX) shows a significant interest from big-money investors, with a mix of bullish and bearish sentiments. The options trades indicate a targeted price range of $70 to $95 for the stock. Analysts have mixed ratings, with price targets ranging from $80 to $100.
May 17, 2024 | 7:16 pm
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Starbucks has seen significant options trading activity, with a mix of bullish and bearish sentiments. The stock is currently up 2.86% at $77.43, and analysts have set price targets ranging from $80 to $100.
The significant options trading activity, combined with the stock's recent price increase and mixed analyst ratings, suggests a positive short-term outlook for Starbucks. The targeted price range of $70 to $95 indicates investor confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100