Pfizer Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Financial giants have shown bearish sentiment on Pfizer (NYSE:PFE) through unusual options activity, with 50% of trades being bearish. Analysts have set a price target of $45, while the current price is $30.0. The next earnings report is expected in 42 days.
September 17, 2024 | 2:01 pm
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Pfizer is experiencing bearish sentiment in options trading, with 50% of trades being bearish. Analysts have set a price target of $45, but the current price is $30.0. The stock is approaching overbought territory, and earnings are expected in 42 days.
The article highlights a bearish sentiment in Pfizer's options trading, with 50% of trades being bearish. This suggests a potential short-term downward pressure on the stock price. Additionally, the stock is nearing overbought territory, which could lead to a price correction. Analysts have set a higher price target of $45, but the current price is $30.0, indicating a potential undervaluation if the bearish sentiment reverses. The upcoming earnings report in 42 days could also impact the stock price.
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