Smart Money Is Betting Big In BAC Options
Portfolio Pulse from Benzinga Insights
Financial giants have made significant bullish moves on Bank of America (NYSE:BAC) options, with 77% of traders showing bullish tendencies. The projected price targets range from $39.0 to $47.0. Analysts have given mixed ratings, with price targets ranging from $41 to $49.
July 19, 2024 | 2:34 pm
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Financial giants have made significant bullish moves on Bank of America (NYSE:BAC) options, with 77% of traders showing bullish tendencies. The projected price targets range from $39.0 to $47.0. Analysts have given mixed ratings, with price targets ranging from $41 to $49.
The significant bullish options trades and the majority of analysts' positive ratings suggest a likely short-term price increase for BAC. The projected price targets and the current trading volume further support this outlook.
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IMPORTANCE 80
RELEVANCE 100