Unpacking the Latest Options Trading Trends in Vertiv Hldgs
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish trend in options trading for Vertiv Hldgs (NYSE:VRT), with 47% of trades being bearish. The stock is currently trading at $94.89, up by 3.04%. Analysts from B of A Securities and Goldman Sachs maintain a Buy rating with target prices of $115 and $116, respectively.
June 05, 2024 | 2:45 pm
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Options trading for Vertiv Hldgs (NYSE:VRT) shows a bearish trend with 47% of trades being bearish. Despite this, the stock is up by 3.04% to $94.89. Analysts from B of A Securities and Goldman Sachs maintain Buy ratings with target prices of $115 and $116.
The bearish trend in options trading suggests caution among traders, but the stock's recent price increase and strong Buy ratings from analysts indicate mixed signals. The short-term impact is likely neutral as the market digests these conflicting indicators.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100