Abercrombie & Fitch Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Abercrombie & Fitch (NYSE:ANF) has seen unusual options activity with a mix of bullish and bearish trades. Financial giants are targeting a price range of $110 to $190. The stock is currently down 2.64% at $165.35, with RSI indicators suggesting it may be overbought. Analysts have an average target price of $208, with Telsey Advisory Group maintaining an Outperform rating.

August 26, 2024 | 4:30 pm
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Abercrombie & Fitch has experienced unusual options activity with a mix of bullish and bearish trades. The stock is currently down 2.64% at $165.35, with RSI indicators suggesting it may be overbought. Analysts have an average target price of $208, with Telsey Advisory Group maintaining an Outperform rating.
The unusual options activity indicates mixed sentiment among traders, with both bullish and bearish positions. The current stock price is down, but analysts have a higher target price, suggesting potential for upward movement. However, the RSI indicates the stock may be overbought, which could limit short-term gains.
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