What the Options Market Tells Us About Amgen
Portfolio Pulse from Benzinga Insights
Financial giants have made bearish moves on Amgen (NASDAQ:AMGN) with 55% of options trades showing bearish tendencies. Significant options trades indicate a price window of $305.0 to $330.0. Amgen's stock is currently trading at $310.12, down by -0.29%. Analysts have a consensus target price of $336.0.
July 02, 2024 | 8:01 pm
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Amgen (NASDAQ:AMGN) has seen a significant bearish sentiment in the options market, with 55% of trades showing bearish tendencies. The stock is currently trading at $310.12, down by -0.29%. Analysts have a consensus target price of $336.0.
The options market shows a significant bearish sentiment with 55% of trades being bearish. This could indicate a short-term downward pressure on the stock price. However, analysts maintain a higher target price, suggesting potential long-term value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100