Walgreens Boots Alliance Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Walgreens Boots Alliance (NASDAQ: WBA) has seen unusual options activity with a bearish stance from significant investors. 58% of the trades were bearish, with a predicted price range of $5.0 to $25.0. The stock is currently down 3.89% at $11.12, and analysts have mixed ratings with target prices ranging from $9 to $22.
July 05, 2024 | 2:59 pm
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Walgreens Boots Alliance has experienced significant bearish options activity, with 58% of trades being bearish. The stock is currently down 3.89% at $11.12. Analysts have mixed ratings with target prices ranging from $9 to $22.
The majority of options trades are bearish, indicating a negative sentiment among significant investors. The stock's current decline and mixed analyst ratings further support a likely short-term downward trend.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100