Spotlight on Target: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
The article discusses a surge in options activity for Target (NYSE:TGT), with 21 unusual trades identified. 57% of traders were bullish, and 33% were bearish. Analysts have set price targets ranging from $105 to $200. The current stock price is $158.7, with a slight increase of 0.13%. Analysts have given mixed ratings, with a consensus target price of $175.2.
August 26, 2024 | 8:30 pm
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Target (NYSE:TGT) has experienced a notable increase in options activity, with a majority of trades being bullish. Analysts have set a consensus price target of $175.2, with current stock price at $158.7. The options activity suggests a potential price range of $105 to $200.
The surge in options activity, with a majority being bullish, indicates positive sentiment among traders. Analysts' price targets and the current stock price suggest potential upward movement. The consensus target price of $175.2 is higher than the current price, supporting a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100