Check Out What Whales Are Doing With QCOM
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Qualcomm (NASDAQ:QCOM), with significant options activity indicating potential price movements. The options activity includes 10 call options and 5 put options, suggesting a price range of $150 to $220. Qualcomm's stock is currently trading at $168.84, with a neutral RSI and an upcoming earnings announcement in 36 days. An analyst from JP Morgan maintains an Overweight rating with a $210 price target.
September 24, 2024 | 4:15 pm
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Significant options activity in Qualcomm (QCOM) indicates a bullish sentiment among large investors, with a predicted price range of $150 to $220. The stock is currently trading at $168.84, and an analyst from JP Morgan maintains an Overweight rating with a $210 price target.
The article highlights significant options activity in Qualcomm, with a majority of call options indicating bullish sentiment. The predicted price range and JP Morgan's Overweight rating with a $210 target suggest potential upward movement in the short term.
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