What the Options Market Tells Us About Vistra
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Vistra (NYSE:VST) based on recent options market activity. Benzinga's options scanner detected 28 significant options trades, with 53% of the sentiment being bearish. The stock price of VST is currently down 9.35% at $83.4, and RSI indicators suggest it may be approaching oversold territory. Analysts from Morgan Stanley, UBS, and BMO Capital maintain positive ratings with target prices around $110.
June 06, 2024 | 4:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Deep-pocketed investors have shown a bearish sentiment towards Vistra (NYSE:VST) based on recent options market activity. The stock price is currently down 9.35% at $83.4, and RSI indicators suggest it may be approaching oversold territory. Analysts maintain positive ratings with target prices around $110.
The significant bearish sentiment from deep-pocketed investors, as indicated by the options market activity, suggests a potential short-term decline in VST's stock price. However, the positive analyst ratings and target prices around $110 provide a counterbalance, indicating potential for recovery.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100