Decoding Accenture's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Investors have taken a bullish stance on Accenture (NYSE:ACN) with significant options activity detected. Benzinga's options scanner spotted 8 uncommon options trades, split between 50% bullish and 25% bearish. The trades suggest a price window from $200 to $320 for Accenture. Analysts have mixed ratings, with price targets ranging from $295 to $395.
May 28, 2024 | 7:31 pm
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Significant options activity detected for Accenture (NYSE:ACN) with a mix of bullish and bearish trades. Analysts have mixed ratings with price targets ranging from $295 to $395.
The detection of significant options activity, especially with a mix of bullish and bearish trades, indicates heightened interest and potential volatility in Accenture's stock. The mixed analyst ratings and varied price targets suggest uncertainty but also potential for upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100