What the Options Market Tells Us About Citigroup
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Citigroup (NYSE:C) as revealed by Benzinga's options scanner. The options activity is unusual, with 60% of investors leaning bullish. The projected price target for Citigroup is between $47.0 and $72.5. Citigroup's current stock price is $58.97, with a neutral RSI. An analyst from Goldman Sachs maintains a Buy rating with a target price of $71.
September 17, 2024 | 5:45 pm
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Citigroup sees unusual bullish options activity, with 60% of investors leaning bullish. The projected price target is between $47.0 and $72.5. Current stock price is $58.97, and Goldman Sachs maintains a Buy rating with a $71 target.
The unusual options activity with a majority of investors leaning bullish suggests a positive sentiment towards Citigroup. The projected price target range and the current stock price indicate potential for upward movement. Additionally, the Buy rating from Goldman Sachs with a $71 target supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100