Unpacking the Latest Options Trading Trends in McDonald's
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bullish stance on McDonald's (NYSE:MCD) by high-value investors. Benzinga's options scanner identified 9 uncommon trades, with a mix of calls and puts. The overall sentiment is 44% bullish and 22% bearish. Analysts have set a consensus target price of $297.67, with mixed ratings from B of A Securities, TD Cowen, and JP Morgan.
June 10, 2024 | 6:00 pm
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High-value investors have shown a bullish stance on McDonald's through recent options trades. Analysts have mixed ratings but a consensus target price of $297.67.
The identification of 9 uncommon options trades, with a majority being bullish, indicates strong investor confidence. Analysts' consensus target price of $297.67 further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100