Check Out What Whales Are Doing With AMGN
Portfolio Pulse from Benzinga Insights
Whales have taken a bearish stance on Amgen (NASDAQ:AMGN), with 49% of recent options trades being bearish. The trades indicate a targeted price range of $250 to $330. Amgen's current stock price is $303.28, with a neutral RSI. An analyst from RBC Capital maintains an Outperform rating with a price target of $332.
June 18, 2024 | 6:46 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Whales have shown a bearish sentiment towards Amgen with 49% of recent options trades being bearish. The stock is currently trading at $303.28, and RBC Capital maintains an Outperform rating with a price target of $332.
The bearish sentiment from whales, indicated by 49% of recent options trades, suggests a potential short-term downward pressure on Amgen's stock price. However, the Outperform rating from RBC Capital with a price target of $332 provides a counterbalance, indicating mixed signals for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100