e.l.f. Beauty's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
e.l.f. Beauty has seen significant options trading activity, with a bullish sentiment prevailing among investors. The stock price has risen by 3.76% to $156.97, and analysts have set an average price target of $242.6. The options market indicates a price range of $150 to $210 in the near term.
August 28, 2024 | 2:32 pm
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POSITIVE IMPACT
e.l.f. Beauty's stock has experienced a 3.76% increase, driven by bullish options trading activity. Analysts have set a high average price target of $242.6, indicating positive sentiment. The options market suggests a price range of $150 to $210 in the short term.
The article highlights a significant bullish sentiment in the options market for e.l.f. Beauty, with more calls than puts. The stock price has already increased by 3.76%, and analysts have set high price targets, indicating potential for further upward movement. The options market's predicted price range supports this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100