What the Options Market Tells Us About Novo Nordisk
Portfolio Pulse from Benzinga Insights
The options market shows a mixed sentiment towards Novo Nordisk (NYSE:NVO), with 58% bullish and 41% bearish trades. Significant options activity suggests a focus on a price range of $105 to $155. Analysts have set a target price of $160, with mixed ratings from Cantor Fitzgerald and BMO Capital.
September 06, 2024 | 4:16 pm
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Novo Nordisk sees mixed sentiment in options trading, with a focus on a price range of $105 to $155. Analysts target $160, with mixed ratings from Cantor Fitzgerald and BMO Capital.
The options market shows a split sentiment with 58% bullish and 41% bearish trades, indicating uncertainty. Analysts have set a target price of $160, suggesting potential upside. However, the mixed sentiment in options trading tempers the bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100