A Closer Look at Salesforce's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Salesforce (NYSE:CRM) has seen significant options trading activity, with a slight bearish sentiment among big-money investors. The options trades indicate a price window of $240 to $330 for Salesforce. Analysts have mixed ratings, with some downgrades and upgrades, and an average target price of $322.
October 07, 2024 | 5:00 pm
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Salesforce has experienced unusual options trading activity, with a slight bearish sentiment from big-money investors. Analysts have mixed ratings, with some downgrades and upgrades, and an average target price of $322.
The unusual options activity with a slight bearish sentiment suggests potential downward pressure on CRM's stock price. The mixed analyst ratings, including downgrades, further support a cautious outlook. The average target price of $322 indicates potential upside, but the current sentiment leans bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100