Decoding AbbVie's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards AbbVie (NYSE:ABBV) with significant options activity. Benzinga's options scanner highlighted 9 extraordinary options activities, with a majority being calls. Analysts have set an average price target of $209.4, with ratings ranging from Overweight to Buy.
August 14, 2024 | 5:00 pm
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Significant options activity indicates a bullish sentiment among investors towards AbbVie. Analysts have set an average price target of $209.4, with ratings ranging from Overweight to Buy.
The substantial options activity, with a majority being calls, suggests that investors are expecting a positive movement in AbbVie's stock price. Additionally, analysts' ratings and price targets support this bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100