Behind the Scenes of Starbucks's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish trend towards Starbucks (NASDAQ:SBUX) with significant options activity. Benzinga's options scanner highlighted 23 extraordinary options activities, with 52% bullish sentiment. Analysts have mixed ratings, with target prices ranging from $84 to $92.
May 29, 2024 | 3:01 pm
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Starbucks has seen significant options activity with a bullish trend among deep-pocketed investors. Analysts have mixed ratings, with target prices ranging from $84 to $92.
The significant options activity, predominantly bullish, suggests investor confidence in Starbucks. Analysts' target prices also indicate potential upside, supporting a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100