Citigroup's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Citigroup (NYSE:C) with significant options activity detected. The majority of these investors are leaning bullish, with a price window expectation between $50.0 and $67.5. Citigroup's stock is currently down by 0.23% at $57.17, and the next earnings report is due in 29 days. An analyst from Goldman Sachs maintains a Buy rating with a target price of $71.
September 12, 2024 | 2:04 pm
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Citigroup is experiencing significant bullish options activity, with a majority of investors expecting a price range between $50.0 and $67.5. The stock is currently down slightly, but an analyst from Goldman Sachs maintains a Buy rating with a target price of $71.
The significant bullish options activity suggests investor confidence in Citigroup's potential price increase. The stock's current slight decline and the Buy rating from Goldman Sachs with a target price of $71 further support a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100