Procter & Gamble's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Procter & Gamble (NYSE:PG) has seen a significant increase in options trading activity, with a majority of trades being bullish. This unusual activity suggests that major investors are expecting a price range of $150 to $180 for PG in the next three months. Analysts have set an average price target of $184, with ratings ranging from Buy to Outperform.
July 18, 2024 | 6:16 pm
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Procter & Gamble has experienced a notable increase in options trading, with a majority of the trades being bullish. This suggests that significant investors are expecting a price range of $150 to $180 in the next three months. Analysts have set an average price target of $184, with ratings ranging from Buy to Outperform.
The significant increase in bullish options trading activity indicates that major investors are expecting a positive price movement for PG. Additionally, the average analyst price target of $184 supports this bullish outlook.
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