Smart Money Is Betting Big In ELF Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in e.l.f. Beauty (NYSE:ELF) options, with a majority leaning bullish. This unusual activity suggests potential upcoming developments for the company. The stock is currently down 4.67% at $110.04, with analysts providing mixed ratings and target prices ranging from $139 to $223.
October 15, 2024 | 8:00 pm
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Significant options activity in e.l.f. Beauty (NYSE:ELF) suggests potential upcoming developments. The stock is currently down 4.67% at $110.04, with analysts providing mixed ratings and target prices ranging from $139 to $223.
The unusual options activity, with a majority of calls, indicates bullish sentiment among investors, suggesting potential positive developments for e.l.f. Beauty. Despite the current stock price drop, analysts have set high target prices, indicating confidence in future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100