Check Out What Whales Are Doing With THC
Portfolio Pulse from Benzinga Insights
Investors with significant capital have taken a bearish stance on Tenet Healthcare (NYSE:THC), as observed through options trading activity. Benzinga's options scanner detected 14 trades, with a split sentiment of 35% bullish and 42% bearish. The trading activity suggests a price range of $135.0 to $160.0 for THC over the next three months. The stock is currently up 3.39% at $146.56, with RSI indicators hinting at an overbought condition. Analysts have mixed ratings, with target prices ranging from $112 to $175.
August 05, 2024 | 6:01 pm
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Significant investors have shown a bearish stance on Tenet Healthcare (NYSE:THC) through options trading. The stock is currently up 3.39% at $146.56, with a mixed sentiment in options activity. Analysts have provided target prices ranging from $112 to $175.
The bearish sentiment from significant investors, as observed through options trading, suggests a potential downward pressure on THC's stock price. Despite the current price increase, the mixed sentiment and overbought RSI indicators indicate caution. Analysts' target prices also show a wide range, reflecting uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100