Smart Money Is Betting Big In HPQ Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in HP (NYSE:HPQ) options, with a mix of bullish and bearish sentiments. The options activity suggests a potential price range of $29.0 to $40.0 for HP in the near term. Analysts have mixed ratings, with a consensus target price of $35.8.
May 31, 2024 | 3:02 pm
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Significant options activity in HPQ suggests a potential price range of $29.0 to $40.0. Analysts have mixed ratings with a consensus target price of $35.8.
The substantial options activity, combined with mixed analyst ratings, suggests that investors are expecting significant price movement in HPQ. The consensus target price of $35.8 aligns with the observed options activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100