A Closer Look at Costco Wholesale's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Costco Wholesale (NASDAQ:COST) in the options market, with 66% of the activity being bullish. The options activity suggests a potential price range of $575 to $915 for COST. Analysts have mixed ratings, with a consensus target price of $952.2.
October 23, 2024 | 2:45 pm
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Costco Wholesale (NASDAQ:COST) sees significant bullish options activity, suggesting a potential price range of $575 to $915. Analysts have mixed ratings, with a consensus target price of $952.2.
The significant bullish options activity indicates investor confidence in Costco's short-term price increase. The mixed analyst ratings, with a consensus target price above the current trading price, further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100