This Is What Whales Are Betting On AT&T
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have adopted a bearish approach towards AT&T (NYSE:T), as revealed by Benzinga's options scanner. The majority of the options activity is bearish, with significant put options being traded. Analysts have mixed ratings on AT&T, with target prices ranging from $21 to $26.
July 05, 2024 | 5:35 pm
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NEGATIVE IMPACT
Deep-pocketed investors are showing a bearish sentiment towards AT&T, with significant put options activity. Analysts have mixed ratings, with target prices ranging from $21 to $26.
The significant bearish options activity suggests that large investors expect AT&T's stock price to decline. This is further supported by mixed analyst ratings, indicating uncertainty about the stock's future performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100