Market Whales and Their Recent Bets on Procter & Gamble Options
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing a bullish stance on Procter & Gamble (NYSE:PG) through options trading, with 62% of trades being bullish. The options activity suggests a focus on a price range between $155 and $190. Recent analyst ratings are mixed, with a new buy rating from DZ Bank and a downgrade from Piper Sandler.
September 24, 2024 | 8:00 pm
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Procter & Gamble sees significant bullish options activity, with 62% of trades being bullish. Analysts have mixed ratings, with DZ Bank upgrading to Buy and Piper Sandler downgrading to Neutral. The stock is currently down 0.53% at $172.85.
The significant bullish options activity suggests positive sentiment among wealthy investors, which could lead to a short-term price increase. The mixed analyst ratings provide a balanced view, but the upgrade from DZ Bank to Buy is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100