Decoding Pinterest's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Whales have shown a bullish stance on Pinterest (NYSE:PINS) with 58% of recent options trades being bullish. The trades suggest a price target range of $37.0 to $50.0. The stock is currently priced at $41.21 with an RSI indicating it may be overbought. An analyst from Piper Sandler has set a price target of $52.0.
June 06, 2024 | 7:47 pm
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Whales have shown a bullish stance on Pinterest with 58% of recent options trades being bullish. The stock is currently priced at $41.21 with an RSI indicating it may be overbought. An analyst from Piper Sandler has set a price target of $52.0.
The majority of recent options trades on Pinterest are bullish, indicating positive sentiment among large investors. Additionally, an analyst has set a higher price target, further supporting a potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100