What the Options Market Tells Us About Novo Nordisk
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing bullish sentiment on Novo Nordisk (NYSE:NVO) through options trading, with 66% of trades being bullish. The stock is currently trading at $137.34, with a consensus target price of $160. Analysts have mixed ratings, with some maintaining an 'Outperform' rating and others downgrading to 'Overweight'.
August 22, 2024 | 3:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Options market shows bullish sentiment for Novo Nordisk with 66% of trades being bullish. Current stock price is $137.34, with a target price of $160. Analysts have mixed ratings, with some maintaining 'Outperform' and others downgrading to 'Overweight'.
The options market activity indicates a bullish sentiment with 66% of trades being bullish. The stock is currently trading at $137.34, and analysts have set a target price of $160, suggesting potential upside. Mixed analyst ratings reflect some uncertainty, but the overall sentiment is positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100