What the Options Market Tells Us About Accenture
Portfolio Pulse from Benzinga Insights
Investors with significant capital have taken a bullish stance on Accenture (NYSE:ACN), as evidenced by 18 uncommon options trades detected by Benzinga's options scanner. The sentiment is split with 50% bullish and 33% bearish. The trades suggest a price window of $290 to $360 for Accenture. The stock is currently trading at $327.34, up by 0.72%. Analysts have mixed ratings with price targets ranging from $293 to $350.

July 17, 2024 | 7:01 pm
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Accenture has seen 18 uncommon options trades, with a majority being bullish. The stock is currently trading at $327.34, and analysts have mixed ratings with price targets between $293 and $350.
The detection of 18 uncommon options trades, with a majority being bullish, indicates strong interest from big-money investors. This could lead to a short-term price increase. The mixed analyst ratings provide a balanced view but lean towards a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100