Unpacking the Latest Options Trading Trends in UnitedHealth Group
Portfolio Pulse from Benzinga Insights
Recent options trading trends for UnitedHealth Group (NYSE:UNH) show a predominantly bearish sentiment among significant investors, with 70% of trades being bearish. The stock is currently trading at $496.62, down by 0.32%. Analysts have set an average target price of $591.0, with a recent downgrade from Cantor Fitzgerald to Overweight.
July 03, 2024 | 2:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
UnitedHealth Group (NYSE:UNH) has seen a predominantly bearish sentiment in recent options trading, with 70% of trades being bearish. The stock is currently trading at $496.62, down by 0.32%. Analysts have set an average target price of $591.0, with a recent downgrade from Cantor Fitzgerald to Overweight.
The majority of recent options trades for UNH are bearish, indicating a negative short-term outlook. The stock's current price is slightly down, and a recent downgrade by Cantor Fitzgerald adds to the bearish sentiment. However, the average target price remains significantly higher, suggesting potential long-term value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100