Urban Outfitters Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Urban Outfitters (NASDAQ:URBN) has seen unusual options activity with a bearish sentiment. 62% of trades were bearish, with significant put and call trades. The stock is currently priced at $41.48, up 3.08%, with a neutral RSI. Analysts maintain an Outperform rating with a target price of $49.
August 21, 2024 | 8:15 pm
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Urban Outfitters has experienced unusual options activity with a bearish sentiment, as 62% of trades were bearish. The stock is currently up 3.08% at $41.48, with a neutral RSI. Analysts maintain an Outperform rating with a target price of $49.
The unusual options activity with a bearish sentiment suggests potential short-term volatility for URBN. However, the stock's current price increase and neutral RSI indicate a balanced market view. The analyst's Outperform rating and $49 target provide a positive long-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100