This Is What Whales Are Betting On Danaher
Portfolio Pulse from Benzinga Insights
A large bearish position on Danaher (NYSE:DHR) has been spotted, with 90% of big-money traders' sentiment being bearish. Whales have been targeting a price range of $230 to $270 for Danaher over the last 3 months.
June 08, 2023 | 5:03 pm
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A large bearish position on Danaher has been spotted, with 90% of big-money traders' sentiment being bearish. Whales have been targeting a price range of $230 to $270 for Danaher over the last 3 months.
The large bearish position on Danaher indicates that big-money traders expect the stock price to decline in the short term. With 90% of the sentiment being bearish and whales targeting a price range of $230 to $270, it is likely that the stock price will be negatively impacted in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100