Broadcom Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Broadcom (NASDAQ:AVGO) has seen unusual options activity with a bullish sentiment, as 43% of traders are bullish and 30% bearish. Significant investors are targeting a price range of $125 to $215. Analysts maintain positive ratings with price targets between $180 and $240.
October 03, 2024 | 3:47 pm
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POSITIVE IMPACT
Broadcom has experienced unusual options activity with a bullish sentiment, as 43% of traders are bullish. Analysts maintain positive ratings with price targets ranging from $180 to $240, indicating potential upward movement.
The unusual options activity with a majority of bullish trades suggests investor confidence in Broadcom's short-term performance. Additionally, analysts' positive ratings and high price targets further support a potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100