Starbucks's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Investors with significant capital have shown a mixed stance on Starbucks (NASDAQ:SBUX) through recent options trades. Benzinga's options scanner detected 8 uncommon trades, split evenly between bullish and bearish sentiments. The trades suggest a focus on a price range between $60.0 and $90.0. Analysts have mixed ratings, with a price target range from $85 to $112.
June 26, 2024 | 3:47 pm
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Recent options trades on Starbucks (NASDAQ:SBUX) show a mixed sentiment among big-money investors, with a focus on a price range between $60.0 and $90.0. Analysts have provided mixed ratings, with price targets ranging from $85 to $112.
The mixed sentiment in options trades and the varied analyst ratings suggest uncertainty in the short-term price movement of Starbucks. The focus on a price range between $60.0 and $90.0 indicates that investors are preparing for potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100