What the Options Market Tells Us About CVS Health
Portfolio Pulse from Benzinga Insights
The options market shows a bullish sentiment towards CVS Health, with 62% of traders favoring calls over puts. Analysts have set a price target range of $55 to $67.5, with the current stock price at $58.07. Recent analyst ratings are mixed, with target prices averaging $63.4.
September 05, 2024 | 8:31 pm
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CVS Health is experiencing bullish sentiment in the options market, with a majority of trades being calls. Analysts have set a price target range of $55 to $67.5, and the stock is currently trading at $58.07. Recent analyst ratings are mixed, with an average target price of $63.4.
The options market shows a bullish sentiment with 62% of trades being calls, indicating positive expectations for CVS Health's stock price. Analysts have set a price target range of $55 to $67.5, which aligns with the current trading price of $58.07. The mixed analyst ratings, with an average target price of $63.4, suggest a moderate positive outlook. The combination of bullish options activity and analyst targets supports a likely short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100