Smart Money Is Betting Big In AMGN Options
Portfolio Pulse from Benzinga Insights
Investors with significant capital have taken a bullish stance on Amgen (NASDAQ:AMGN), as observed through unusual options trades. Benzinga's options scanner detected 8 uncommon options trades, with a mix of bullish and bearish sentiments. The trades suggest a price range of $290 to $365 for AMGN over the next three months. Analysts have mixed ratings on the stock, with target prices ranging from $305 to $380.

August 12, 2024 | 4:45 pm
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Significant investors have taken a bullish stance on Amgen (NASDAQ:AMGN) through unusual options trades. The trades suggest a price range of $290 to $365 over the next three months. Analysts have mixed ratings, with target prices ranging from $305 to $380.
The detection of unusual options trades indicates significant investor interest and potential price movement. The mixed analyst ratings provide a range of target prices, suggesting varied expectations for the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100