What the Options Market Tells Us About Johnson & Johnson
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Johnson & Johnson (NYSE: JNJ) based on significant options trading activity. The options market indicates a price range of $95.0 to $170.0 for JNJ over the next three months. Analysts have mixed ratings, with an average target price of $188.33.
May 28, 2024 | 5:16 pm
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Significant options trading activity indicates a bullish sentiment towards Johnson & Johnson. The options market suggests a price range of $95.0 to $170.0 over the next three months. Analysts have mixed ratings, with an average target price of $188.33.
The significant options trading activity, with a majority of investors leaning bullish, suggests positive sentiment towards JNJ. The mixed analyst ratings, with an average target price higher than the current price, further support a potential upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100