Market Whales and Their Recent Bets on AMZN Options
Portfolio Pulse from Benzinga Insights
Market whales have shown a bullish stance on Amazon.com (AMZN) options, with 50% of trades being bullish. The major market movers focus on a price band between $100 and $180. Analysts have set an average price target of $220.8, with some lowering their ratings to 'Outperform'.

August 27, 2024 | 1:46 pm
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Amazon.com sees bullish sentiment from market whales with 50% of options trades being bullish. Analysts have set an average price target of $220.8, with some lowering ratings to 'Outperform'. Current trading volume is 748,840 with a slight price decrease.
The article highlights a bullish sentiment from market whales on AMZN options, with a significant portion of trades being bullish. Analysts have set a high average price target, indicating positive expectations. Despite a slight price decrease, the overall sentiment and analyst ratings suggest a likely short-term price increase.
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