Market Whales and Their Recent Bets on JNJ Options
Portfolio Pulse from Benzinga Insights
Financial giants have made bearish moves on Johnson & Johnson (JNJ) options, with 75% of trades showing bearish tendencies. The options target a price range of $155 to $175. Analysts have mixed ratings, with some downgrades and price targets ranging from $175 to $215.

October 11, 2024 | 3:48 pm
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Johnson & Johnson sees bearish sentiment in options trading, with 75% of trades being bearish. Analysts have mixed ratings, with price targets ranging from $175 to $215.
The article highlights a significant bearish sentiment in JNJ options trading, with 75% of trades being bearish. This suggests a potential short-term downward pressure on JNJ's stock price. Additionally, analysts have provided mixed ratings, with some downgrades and price targets ranging from $175 to $215, which could influence investor sentiment and stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100