Unpacking the Latest Options Trading Trends in Eaton Corp
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish trend in options trading for Eaton Corp (NYSE:ETN), with 50% of traders being bullish. The options trades include 4 puts valued at $135,620 and 4 calls valued at $262,355. Analysts have set a consensus target price of $335.0 for Eaton Corp, with ratings ranging from Equal-Weight to Outperform.
August 14, 2024 | 8:00 pm
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Eaton Corp (NYSE:ETN) has seen a bullish trend in options trading, with 50% of traders being bullish. Analysts have set a consensus target price of $335.0, with ratings ranging from Equal-Weight to Outperform.
The bullish trend in options trading and the positive analyst ratings suggest a likely short-term price increase for Eaton Corp. The consensus target price of $335.0 and the range of analyst ratings from Equal-Weight to Outperform further support this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100