A Closer Look at Merck & Co's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
The options market for Merck & Co (NYSE:MRK) shows a bullish sentiment among significant investors, with 56% of trades being bullish. The predicted price range for MRK is between $127.0 and $150.0 over the next three months. The stock is currently trading at $132.0, up by 0.38%, with an RSI suggesting it may be approaching overbought territory. Analysts have set an average price target of $155.0.
June 27, 2024 | 7:49 pm
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Merck & Co's options market shows a bullish sentiment with 56% of trades being bullish. The stock is currently trading at $132.0, up by 0.38%. Analysts have set an average price target of $155.0.
The majority of options trades are bullish, indicating positive sentiment among significant investors. The current trading price and analyst price targets suggest potential for upward movement.
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