What the Options Market Tells Us About Wells Fargo
Portfolio Pulse from Benzinga Insights
The options market shows a bearish sentiment towards Wells Fargo, with 50% of trades being bearish. Analysts have set a price target of $65, and the stock is currently trading at $55.11, down 2.1%. The anticipated earnings release is in 18 days.
September 23, 2024 | 3:45 pm
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Wells Fargo is experiencing a bearish sentiment in the options market, with 50% of trades being bearish. The stock is currently down 2.1% at $55.11. Analysts have set a price target of $65, and the earnings release is in 18 days.
The options market shows a bearish sentiment with 50% of trades being bearish, indicating potential downward pressure on the stock. The stock is currently down 2.1%, and analysts have set a price target of $65, suggesting a potential upside. However, the bearish sentiment in the options market may lead to short-term price declines.
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IMPORTANCE 80
RELEVANCE 100