This Is What Whales Are Betting On Danaher
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Danaher (NYSE:DHR) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 36% bullish and 63% bearish. Whales have been targeting a price range from $195.0 to $300.0 for Danaher over the last 3 months. Raymond James has downgraded its action to Outperform with a price target of $270.
July 25, 2023 | 8:31 pm
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A large investor has taken a bearish stance on Danaher, with unusual options activity indicating a price target range of $195.0 to $300.0. Raymond James has downgraded its action to Outperform with a price target of $270.
The bearish stance taken by a large investor, as indicated by unusual options activity, suggests that there may be a negative outlook for Danaher. This is further supported by the downgrade from Raymond James. These factors could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100