PepsiCo Unusual Options Activity
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown unusual bearish options activity on PepsiCo (NASDAQ:PEP), with a significant number of trades indicating a bearish sentiment. This could signal that some investors have privileged information. The stock is currently trading at $173.15, down by 0.2%, with an anticipated earnings release in 35 days. An analyst from Jefferies maintains a Buy rating with a target price of $211.
June 06, 2024 | 8:02 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
High-rolling investors have shown unusual bearish options activity on PepsiCo, with a significant number of trades indicating a bearish sentiment. The stock is currently trading at $173.15, down by 0.2%, with an anticipated earnings release in 35 days. An analyst from Jefferies maintains a Buy rating with a target price of $211.
The unusual bearish options activity suggests that some investors may have privileged information, which could negatively impact the stock price in the short term. However, the Jefferies Buy rating and the upcoming earnings release could provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100