What the Options Market Tells Us About Applied Mat
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Applied Materials (NASDAQ:AMAT) based on significant options activity. The options market indicates a price target range of $175 to $300, with a notable volume and open interest. Analysts have mixed ratings, with an average target price of $240.
May 17, 2024 | 8:45 pm
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Deep-pocketed investors have shown a bearish sentiment towards Applied Materials (NASDAQ:AMAT) based on significant options activity. The options market indicates a price target range of $175 to $300, with a notable volume and open interest. Analysts have mixed ratings, with an average target price of $240.
The significant bearish sentiment from deep-pocketed investors, as indicated by the options market, suggests potential downward pressure on AMAT's stock price. The mixed analyst ratings and the current market standing further support this outlook.
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IMPORTANCE 80
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