Eaton Corp's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Investors have taken a bullish stance on Eaton Corp (NYSE:ETN) with significant options trading activity. Benzinga's options scanner detected 9 trades, predominantly calls, indicating a potential price movement between $310 and $350. Analysts have mixed ratings, with price targets ranging from $280 to $355.
May 23, 2024 | 2:46 pm
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Significant options trading activity on Eaton Corp (NYSE:ETN) suggests a bullish sentiment among investors. Analysts have mixed ratings, with price targets ranging from $280 to $355.
The detection of 9 significant options trades, predominantly calls, indicates a bullish sentiment among investors. The mixed analyst ratings and price targets suggest potential volatility but overall positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100