Bullish option flow detected in Baxter with 1,831 calls trading, 2x expected, and implied vol increasing almost 2 points to 25.30%. Jul-23 45 calls and 7/28 weekly 50 calls are the most active options, with total volume in those strikes near 560 contracts. The Put/Call Ratio is 0.09. Earnings are expected on July 27th.
Published first on TheFly
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Read More on BAX:
- Baxter price target raised to $58 from $54 at Barclays
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- Baxter price target raised to $50 from $40 at Deutsche Bank
- Baxter price target raised to $50 from $45 at TD Cowen
- Baxter price target raised to $53 from $52 at KeyBanc
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