Smart Money Is Betting Big In ADI Options
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing significant interest in Analog Devices (NASDAQ:ADI) options, with a mix of bullish and bearish sentiments. The options activity suggests a price range of $220 to $270 for ADI over the next three months. Analysts have issued a consensus target price of $260, with several maintaining buy ratings.
May 30, 2024 | 5:46 pm
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Significant options activity in Analog Devices (NASDAQ:ADI) indicates a price range of $220 to $270 over the next three months. Analysts have a consensus target price of $260, with several maintaining buy ratings.
The significant options activity, with a mix of bullish and bearish trades, suggests that investors are expecting notable price movements. The consensus target price from analysts and the maintained buy ratings further support a positive outlook for ADI in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100