A Closer Look at Amgen's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
The options market for Amgen (NASDAQ:AMGN) shows a bearish sentiment with 46% of trades being bearish and 42% bullish. Significant investors are targeting a price range of $185 to $380. Recent analyst ratings have been mixed, with some downgrades and a maintained buy rating. Amgen's stock is currently neutral according to RSI indicators, and its price is down 1.49% at $314.9.

October 23, 2024 | 8:15 pm
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NEGATIVE IMPACT
Amgen's options market shows a bearish sentiment with 46% of trades being bearish. Analysts have mixed ratings, with price targets ranging from $215 to $405. The stock is currently down 1.49% at $314.9.
The options market for Amgen indicates a bearish sentiment with a higher percentage of bearish trades compared to bullish ones. Analysts have provided mixed ratings, with some downgrades and a maintained buy rating, reflecting uncertainty in the stock's short-term performance. The stock's current decline of 1.49% further supports a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100