Target Unusual Options Activity For October 25
Portfolio Pulse from Benzinga Insights
Target (NYSE:TGT) has seen unusual options activity with a bearish sentiment, as 52% of trades were bearish. The options activity suggests a price range of $145 to $160. Analysts have mixed ratings with price targets around $165-$168.
October 25, 2024 | 6:46 pm
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Target has experienced unusual options activity with a bearish sentiment, as 52% of trades were bearish. The options activity suggests a price range of $145 to $160. Analysts have mixed ratings with price targets around $165-$168.
The unusual options activity with a majority of bearish trades indicates a negative sentiment among traders. The predicted price range of $145-$160 is below the current trading price, suggesting potential downward pressure. Analysts' mixed ratings and price targets slightly above the current price provide some support but do not outweigh the bearish options sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100