Smart Money Is Betting Big In Estee Lauder Cos Options
Portfolio Pulse from Benzinga Insights
Estee Lauder Cos (NYSE:EL) is experiencing significant options activity, with a majority of investors showing a bullish sentiment. The stock is currently down by 22.64% at $67.42, and analysts have set an average target price of $116.6. The unusual options activity suggests potential market movements.
October 31, 2024 | 2:00 pm
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Estee Lauder is seeing unusual options activity with a bullish sentiment from investors. The stock is currently down by 22.64% at $67.42, with analysts setting an average target price of $116.6. This suggests potential upward movement in the short term.
The significant options activity, with a majority of investors showing a bullish sentiment, indicates potential upward movement. The stock is currently oversold, and analysts have set a higher target price, supporting a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100