Starbucks Unusual Options Activity For June 20
Portfolio Pulse from Benzinga Insights
Financial giants have shown bullish interest in Starbucks (NASDAQ:SBUX) through unusual options activity, with 57% of traders being bullish. The price target for SBUX is between $75.0 and $90.0. The stock is currently trading at $79.8, down by 0.5%. Analysts have mixed ratings with an average price target of $98.5.
June 20, 2024 | 6:16 pm
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Starbucks has seen unusual options activity with a bullish sentiment from 57% of traders. The stock is currently trading at $79.8, down by 0.5%. Analysts have mixed ratings with an average price target of $98.5.
The unusual options activity with a majority bullish sentiment suggests positive investor outlook. Despite a slight dip in current price, the average analyst price target is significantly higher, indicating potential for upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100