Novo Nordisk Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Novo Nordisk (NYSE:NVO) options, with a notable split between bullish and bearish sentiments. The options activity suggests a focus on a price range between $120 and $155. Analysts have mixed ratings, with an average target price of $160.75.
June 28, 2024 | 7:31 pm
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Significant options activity in Novo Nordisk (NYSE:NVO) with a focus on a price range between $120 and $155. Analysts have mixed ratings, with an average target price of $160.75.
The substantial options activity, particularly the high volume of calls, indicates bullish sentiment among investors. The mixed analyst ratings with a high average target price further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100