Deere Unusual Options Activity For August 29
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Deere (NYSE:DE), with a majority of investors taking a bullish stance. The price range targeted by these investors over the last three months is between $210 and $500. The current price of DE is up 2.43% at $404.29. Analysts from Credit Suisse, JP Morgan, Deutsche Bank, and Oppenheimer have maintained their ratings on Deere, with price targets ranging from $380 to $551.
August 29, 2023 | 4:46 pm
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Deere has seen unusual options activity, with a majority of investors taking a bullish stance. Analysts have maintained their ratings, with price targets ranging from $380 to $551. The current price of DE is up 2.43% at $404.29.
The bullish stance taken by a majority of investors in the unusual options activity indicates a positive sentiment towards Deere. This, coupled with the maintained ratings from analysts and the current upward trend in DE's price, suggests a potential short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100