Spotlight on Cleanspark: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
Cleanspark (NASDAQ:CLSK) has seen a surge in options activity, with 62% of traders showing bullish sentiment. The trading focus is on a price range between $7.5 and $37.0. The stock is currently priced at $12.47, with a consensus target price of $23.0. An analyst from Cantor Fitzgerald has lowered its rating to Overweight with a target of $23.
October 29, 2024 | 5:30 pm
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Cleanspark has experienced a significant increase in options activity, with a majority of trades being bullish. The stock is currently trading at $12.47, with a consensus target price of $23.0. An analyst from Cantor Fitzgerald has adjusted its rating to Overweight with a target of $23.
The surge in options activity, predominantly bullish, suggests positive sentiment among traders. The current price is below the consensus target, indicating potential upside. The analyst rating adjustment to Overweight with a target of $23 further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100