Unpacking the Latest Options Trading Trends in AT&T
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bullish sentiment among big-money investors for AT&T (NYSE:T), with 83% of trades being bullish. The trading activity suggests a price target range of $14.0 to $23.0. AT&T's stock is currently trading at $20.91, with a 1.23% increase. An analyst maintains a Neutral rating with a target price of $18.0.
September 06, 2024 | 6:47 pm
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POSITIVE IMPACT
AT&T sees significant bullish options activity, with 83% of trades being bullish. This suggests investor confidence in a price range of $14.0 to $23.0. Current stock price is $20.91, with a 1.23% increase. An analyst maintains a Neutral rating with a target price of $18.0.
The high percentage of bullish options trades (83%) indicates strong investor confidence in AT&T's stock price increasing. The current trading price of $20.91, along with the projected price range of $14.0 to $23.0, suggests potential upward movement. The analyst's Neutral rating with a target price of $18.0 provides a more conservative outlook, but the overall sentiment from options trading is positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100