Smart Money Is Betting Big In SBUX Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Starbucks (NASDAQ:SBUX) through significant options activity. Benzinga's options scanner highlighted 12 extraordinary options trades, with 75% being bullish. The price target for SBUX ranges from $50 to $85. Analysts have mixed ratings, with an average price target of $83.2.
July 23, 2024 | 5:17 pm
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Significant options activity indicates a bullish sentiment among major investors for Starbucks. The price target ranges from $50 to $85, with an average analyst target of $83.2. Current trading volume is high, and the stock is neutral on RSI.
The significant bullish options activity suggests that major investors expect positive movement in SBUX's stock price. The mixed but generally positive analyst ratings support this sentiment. The high trading volume and neutral RSI indicate stable investor interest.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100