Home Depot's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial giants are showing bullish sentiment on Home Depot (NYSE:HD) with significant options trading activity. Analysts have mixed ratings, with price targets ranging from $360 to $430. The stock is currently trading at $399.86, up 0.8%, but may be overbought according to RSI readings.
September 27, 2024 | 7:17 pm
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Home Depot sees bullish options activity with significant trades, indicating investor confidence. Analysts have mixed ratings, with price targets from $360 to $430. The stock is currently trading at $399.86, up 0.8%, but may be overbought.
The significant bullish options activity suggests investor confidence in Home Depot's stock, which is supported by a mix of analyst ratings. The stock's current price and RSI readings indicate potential overbought conditions, but the overall sentiment is positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100