Smart Money Is Betting Big In NEM Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Newmont (NYSE:NEM) through significant options activity. The majority of these trades are calls, indicating a positive outlook. Analysts have also issued buy ratings with target prices ranging from $58 to $65.
September 20, 2024 | 6:18 pm
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Newmont (NYSE:NEM) sees significant bullish options activity, with 75% of trades being calls. Analysts have issued buy ratings with target prices between $58 and $65, suggesting a positive short-term outlook.
The article highlights a significant bullish sentiment in options trading for Newmont, with 75% of trades being calls. Analysts have also issued buy ratings with target prices above the current trading price, indicating a likely positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100