Check Out What Whales Are Doing With Deere
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Deere (NYSE:DE), with 65% of the spotted trades being bearish. The whales have been targeting a price range from $380.0 to $500.0 for Deere over the last 3 months. DA Davidson and Citigroup maintain their Buy rating on Deere, with price targets of $510 and $475 respectively.
July 28, 2023 | 8:01 pm
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A whale investor has taken a bearish stance on Deere, with 65% of the spotted trades being bearish. However, DA Davidson and Citigroup maintain their Buy rating on Deere, with price targets of $510 and $475 respectively.
The bearish stance taken by a whale investor, indicated by the majority of the spotted trades being bearish, could potentially drive the stock price down in the short term. However, the maintained Buy ratings and high price targets from DA Davidson and Citigroup could counteract this bearish sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100