Smart Money Is Betting Big In Visa Options
Portfolio Pulse from Benzinga Insights
Investors with significant capital have taken a bullish stance on Visa (NYSE:V), as evidenced by recent options trades tracked by Benzinga. The sentiment is 75% bullish and 25% bearish, with a price target range of $230 to $290. Visa's stock is currently neutral according to RSI indicators, and analysts have issued positive ratings with target prices ranging from $290 to $319.
July 29, 2024 | 4:45 pm
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Investors with significant capital have taken a bullish stance on Visa (NYSE:V), as evidenced by recent options trades tracked by Benzinga. The sentiment is 75% bullish and 25% bearish, with a price target range of $230 to $290. Visa's stock is currently neutral according to RSI indicators, and analysts have issued positive ratings with target prices ranging from $290 to $319.
The significant capital inflow into Visa options, with a majority being bullish, indicates strong investor confidence. Additionally, positive analyst ratings and high target prices further support a likely upward movement in Visa's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100