Spotlight on Honeywell Intl: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
Honeywell Intl (NASDAQ:HON) has seen a surge in options activity, with a majority of trades being bullish. Significant investors are targeting a price range of $165 to $250. Despite a slight recent price drop, analysts have mixed ratings, with price targets ranging from $207 to $235.
October 10, 2024 | 3:16 pm
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Honeywell Intl has experienced a surge in options activity, with 56% of trades being bullish. Analysts have mixed ratings, with price targets ranging from $207 to $235. The stock is currently down by 0.51% at $212.6.
The surge in options activity, particularly the high volume of bullish trades, suggests positive sentiment among investors. The mixed analyst ratings and price targets indicate some uncertainty, but the overall bullish options activity could lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100