What the Options Market Tells Us About Cleanspark
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish interest in Cleanspark (NASDAQ:CLSK) through options trading, with significant trades indicating a price target range of $12.5 to $30.0. Analysts have mixed ratings, with a consensus target price of $23.375. The stock is currently trading at $17.78, down by 0.78%, and may be approaching overbought territory.
July 02, 2024 | 2:46 pm
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Cleanspark has seen significant bullish options trading activity, with a price target range of $12.5 to $30.0. Analysts have mixed ratings, with a consensus target price of $23.375. The stock is currently trading at $17.78, down by 0.78%, and may be approaching overbought territory.
The significant bullish options trading activity suggests investor confidence in Cleanspark's future performance. The mixed analyst ratings and the current stock price being down slightly indicate potential for upward movement, especially given the high price targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100