Abercrombie & Fitch's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish sentiment towards Abercrombie & Fitch (NYSE:ANF) through options trading, with 68% of traders being bullish. The options activity suggests a targeted price range of $100 to $140. Despite a recent price drop of 1.17% to $153.01, analysts maintain an Overweight rating with a target price of $195.
October 23, 2024 | 2:30 pm
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POSITIVE IMPACT
Abercrombie & Fitch has seen significant bullish options activity, with 68% of traders showing positive sentiment. The stock is currently down 1.17% at $153.01, but analysts have set a target price of $195, indicating potential upside.
The options activity shows a strong bullish sentiment with a significant portion of trades being bullish. The current stock price is below the analyst target, suggesting potential for price increase. The options market's targeted price range and analyst ratings support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100