Behind the Scenes of Workday's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish trend towards Workday (NASDAQ:WDAY) through options trading, with significant activity noted by Benzinga's options scanner. The options activity includes 22 notable trades, with a mix of puts and calls, suggesting a potential price range of $207.5 to $300.0. Analysts have set an average price target of $304.0 for Workday, with mixed ratings from Buy to Overweight.
August 27, 2024 | 8:15 pm
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Workday (NASDAQ:WDAY) sees significant options activity with a bullish trend among investors. Analysts have set an average price target of $304.0, with mixed ratings from Buy to Overweight.
The significant options activity, with a majority of calls, indicates a bullish sentiment among investors. Analysts' price targets and ratings further support a positive outlook for Workday's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100