Spotlight on AbbVie: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
AbbVie (NYSE:ABBV) has seen a surge in options activity, with a majority of investors adopting a bullish stance. This unusual activity suggests potential significant price movements, with expectations ranging from $150 to $210. Analysts maintain an overweight rating with target prices around $213.5.
September 09, 2024 | 8:15 pm
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AbbVie has experienced a notable increase in options activity, with 62% of investors showing a bullish sentiment. Analysts maintain an overweight rating with target prices around $213.5, indicating potential upward movement.
The surge in options activity, with a majority of investors being bullish, suggests a positive outlook for AbbVie's stock price. Analysts' overweight ratings and target prices further support this potential upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100