This Is What Whales Are Betting On Merck & Co
Portfolio Pulse from Benzinga Insights
Financial giants are showing a bullish trend on Merck & Co (NYSE:MRK) with 55% of traders being bullish. Options history reveals 9 unusual trades, with a focus on a price range of $100 to $120. The stock is currently priced at $114.84, down 0.1%. Analysts have set a target price of $155.
September 25, 2024 | 8:45 pm
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Merck & Co is experiencing significant options trading activity, with a bullish sentiment from 55% of traders. The stock is currently priced at $114.84, with analysts setting a target price of $155. This suggests potential upward movement in the short term.
The article highlights unusual options activity with a majority bullish sentiment, indicating potential upward movement. Analysts' target price of $155 further supports this outlook. The current price is $114.84, suggesting room for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100