Looking At GE Aero's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for GE Aero shows a bearish sentiment among financial giants, with 58% of trades being bearish. Despite this, analysts maintain a positive outlook with price targets ranging from $212 to $235. GE Aero's stock is currently trading at $192.22, with an upcoming earnings announcement in 6 days.
October 16, 2024 | 8:45 pm
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GE Aero has experienced unusual options activity with a bearish sentiment, as 58% of trades were bearish. Despite this, analysts have set positive price targets between $212 and $235. The stock is currently trading at $192.22, with an earnings announcement expected in 6 days.
The bearish sentiment in options trading suggests potential short-term pressure on GE Aero's stock price. However, the positive analyst ratings and price targets indicate a longer-term bullish outlook. The upcoming earnings announcement could be a catalyst for price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100