This Is What Whales Are Betting On Altria Group
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing a bullish stance on Altria Group (NYSE:MO) with significant options trades detected. The sentiment is split with 55% bullish and 33% bearish. The price target is between $42.5 and $52.5. Analysts have mixed ratings with a consensus target price of $51.0.
August 02, 2024 | 3:04 pm
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Wealthy investors are showing a bullish stance on Altria Group (NYSE:MO) with significant options trades detected. The sentiment is split with 55% bullish and 33% bearish. The price target is between $42.5 and $52.5. Analysts have mixed ratings with a consensus target price of $51.0.
The detection of significant options trades, predominantly bullish, indicates strong interest from wealthy investors. This, combined with mixed but generally positive analyst ratings, suggests a likely short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100