What the Options Market Tells Us About Starbucks
Portfolio Pulse from Benzinga Insights
Investors with significant capital have shown a mixed sentiment towards Starbucks (NASDAQ:SBUX) through options trading. Benzinga's options scanner identified 34 unusual trades, split evenly between bullish and bearish sentiments. The major market movers are focusing on a price range between $55.0 and $125.0. Analysts have mixed ratings on Starbucks, with price targets ranging from $81 to $112.
July 02, 2024 | 8:16 pm
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Starbucks has seen significant options trading activity, with a split sentiment between bullish and bearish. Analysts have mixed ratings, with price targets ranging from $81 to $112.
The mixed sentiment in options trading and the varied analyst ratings suggest uncertainty in the short-term price direction of Starbucks. The price targets indicate a potential range, but the overall impact is neutral due to the balanced bullish and bearish positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100