Looking At Coherent's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Coherent (NYSE:COHR), with a significant amount of bullish sentiment among big-money traders. The options trades include 11 calls and 1 put, with a total trade value of $699,457 for calls. The predicted price range for COHR is between $85.0 and $140.0. The stock is currently trading at $95.5, up by 1.31%, and is considered potentially overbought. Analysts have a Buy rating with a target price of $108.
October 04, 2024 | 5:16 pm
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Coherent (NYSE:COHR) has seen unusual options activity with a bullish sentiment, indicating potential positive movement. The stock is currently trading at $95.5, up 1.31%, and analysts have a Buy rating with a target price of $108.
The unusual options activity with a majority of call options suggests a bullish sentiment among big-money traders. The stock's current upward movement and the Buy rating from analysts with a target price of $108 further support a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100