PDD Holdings's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Investors with significant capital have shown a bullish stance on PDD Holdings (NASDAQ:PDD), as evidenced by 36 uncommon options trades. The sentiment is split with 47% bullish and 44% bearish. Analysts have set an average price target of $218.0, with multiple Buy ratings from major firms.
May 29, 2024 | 4:15 pm
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POSITIVE IMPACT
PDD Holdings has seen significant options activity with 36 uncommon trades, indicating a bullish sentiment among big-money investors. Analysts have set an average price target of $218.0, with multiple Buy ratings from major firms.
The significant options activity, with a majority of calls over puts, suggests a bullish sentiment among large investors. Additionally, multiple analysts have given Buy ratings with high price targets, further supporting a positive outlook for PDD Holdings.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100