Applied Mat Unusual Options Activity For May 24
Portfolio Pulse from Benzinga Insights
Significant options activity has been observed for Applied Materials (NASDAQ:AMAT), with a majority of investors showing a bullish sentiment. The trading activity suggests a price target range of $180.0 to $250.0. Analysts have mixed ratings, with a consensus target price of $234.0.
May 24, 2024 | 5:36 pm
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Applied Materials has seen unusual options activity with a majority of investors leaning bullish. The trading activity suggests a price target range of $180.0 to $250.0. Analysts have mixed ratings, with a consensus target price of $234.0.
The significant options activity, with 61% of investors leaning bullish, suggests positive sentiment towards AMAT. The projected price target range of $180.0 to $250.0 indicates potential upside. Analysts' mixed ratings but overall positive consensus further support a likely short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100