A Closer Look at CVS Health's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish interest in CVS Health (NYSE:CVS) through options trading, with 10 unusual trades identified. The trades include 3 puts valued at $374,736 and 7 calls valued at $388,184. Analysts have a consensus target price of $58.0, and the stock is currently trading at $58.46. Cantor Fitzgerald has downgraded its rating to Neutral with a price target of $58.
July 24, 2024 | 7:46 pm
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Financial giants have shown a bullish interest in CVS Health through options trading, with 10 unusual trades identified. Analysts have a consensus target price of $58.0, and the stock is currently trading at $58.46. Cantor Fitzgerald has downgraded its rating to Neutral with a price target of $58.
The bullish interest from financial giants in CVS Health's options market suggests positive sentiment among large investors. The stock is currently trading close to the consensus target price, indicating potential stability or slight upward movement. However, the downgrade by Cantor Fitzgerald to Neutral may temper some of the bullish sentiment.
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