Novo Nordisk Unusual Options Activity For August 06
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown unusual options activity for Novo Nordisk (NYSE:NVO), with a significant split between bullish and bearish sentiments. The trading activity suggests a price target range of $110.0 to $150.0. Currently, NVO is trading at $130.08, up by 3.24%, with an anticipated earnings release in 1 day. Analysts have set a consensus target price of $160.0.
August 06, 2024 | 3:17 pm
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Unusual options activity for Novo Nordisk (NYSE:NVO) indicates significant investor interest with a split between bullish and bearish sentiments. The stock is currently trading at $130.08, up by 3.24%, with an anticipated earnings release in 1 day. Analysts have set a consensus target price of $160.0.
The unusual options activity suggests significant investor interest, which could drive short-term price movements. The split between bullish and bearish sentiments indicates volatility. The upcoming earnings release and the analysts' target price of $160.0 add to the potential for upward movement.
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