Thermo Fisher Scientific's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Thermo Fisher Scientific (NYSE:TMO) has seen significant options trading activity, with a majority of trades being bullish. The stock is currently priced at $580.11, up 0.84%, and has an average target price of $650. Analysts have mixed ratings, with Jefferies recently downgrading it to Buy. The next earnings report is expected in 48 days.
June 06, 2024 | 8:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Thermo Fisher Scientific has experienced a surge in options trading, with a majority of trades being bullish. The stock is currently priced at $580.11, up 0.84%. Analysts have set an average target price of $650, with Jefferies downgrading it to Buy. The next earnings report is expected in 48 days.
The significant bullish options activity suggests positive sentiment among investors. The stock's current price increase and the average target price of $650 indicate potential for further growth. The upcoming earnings report could also impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100