Check Out What Whales Are Doing With BSX
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Boston Scientific (NYSE:BSX) based on recent options activity. Benzinga's options scanner highlighted 8 significant options trades, with 50% of the sentiment being bearish. The major market movers are focusing on a price range between $72.5 and $95.0 for BSX. Despite this, the stock price is up 2.6% at $75.7, and analysts have mixed ratings with an average target price of $87.0.
August 08, 2024 | 7:18 pm
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Boston Scientific (NYSE:BSX) has seen significant bearish options activity, with 50% of the sentiment being bearish. The stock is currently up 2.6% at $75.7, and analysts have mixed ratings with an average target price of $87.0.
The significant bearish sentiment from options traders suggests potential downward pressure on BSX's stock price. However, the current price increase and mixed analyst ratings indicate a complex outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100