Looking At Deere's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Deere (NYSE:DE), with 75% of recent trades being bearish. The price range targeted by these investors is from $150.0 to $450.0. Canaccord Genuity has downgraded its action to Buy with a price target of $530, while BMO Capital maintains their Market Perform rating with a price target of $425.
June 28, 2023 | 2:50 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Bearish stance taken by a significant investor on Deere. Canaccord Genuity downgrades to Buy with a price target of $530.
The bearish stance taken by a significant investor, along with the downgrade by Canaccord Genuity, could potentially lead to a decrease in Deere's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100