Unpacking the Latest Options Trading Trends in Wells Fargo
Portfolio Pulse from Benzinga Insights
Recent options trading trends in Wells Fargo (NYSE:WFC) show a bullish stance among significant investors, with 52% of trades being bullish. The price target for WFC ranges from $40 to $70. Analysts have mixed ratings, with an average target price of $63.75. The stock is currently trading at $51.88, down by 1.66%, and may be oversold according to RSI readings.
August 12, 2024 | 7:15 pm
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Options trading trends indicate a bullish stance on Wells Fargo with a price target range of $40-$70. Analysts' average target price is $63.75. The stock is currently trading at $51.88, down by 1.66%, and may be oversold according to RSI readings.
The majority of options trades are bullish, indicating positive sentiment among significant investors. Analysts' target prices are higher than the current price, suggesting potential upside. The stock's current oversold condition may also attract buyers.
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