Spotlight on Spotify Technology: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
The article highlights a surge in options activity for Spotify Technology (NYSE:SPOT), with a noticeable bullish stance from large investors. Analysis of recent trades shows a mix of bullish and bearish sentiments, with significant trades targeting a price range of $210 to $350. Analysts have mixed ratings on SPOT, with price targets ranging from $230 to $410.
July 15, 2024 | 6:45 pm
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Spotify Technology has seen a surge in options activity with mixed sentiments from large investors. Analysts have provided varied ratings and price targets, indicating uncertainty in the stock's short-term direction.
The mixed sentiments in options trading and varied analyst ratings suggest uncertainty in the short-term direction of SPOT's stock price. The upcoming earnings report could provide more clarity.
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