This Is What Whales Are Betting On Abercrombie & Fitch
Portfolio Pulse from Benzinga Insights
Financial giants have made significant bullish moves on Abercrombie & Fitch (NYSE:ANF), with 69% of traders showing bullish tendencies in recent options trades. The stock is currently trading at $155.44, up by 1.22%, and has a consensus target price of $194.0. JP Morgan has upgraded its rating to Overweight with a revised price target of $194.0.
August 14, 2024 | 4:30 pm
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Abercrombie & Fitch (NYSE:ANF) has seen a significant bullish sentiment in recent options trades, with 69% of traders being bullish. The stock is currently trading at $155.44, up by 1.22%, and has a consensus target price of $194.0. JP Morgan has upgraded its rating to Overweight with a revised price target of $194.0.
The majority of recent options trades for ANF are bullish, indicating strong investor confidence. The stock's current price is up, and JP Morgan's upgrade to Overweight with a higher price target further supports a positive short-term outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100