This Is What Whales Are Betting On Deere
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Deere (NYSE:DE) by a large investor, as indicated by a large position in options. The overall sentiment of these big-money traders is split between 32% bullish and 67% bearish. The whales have been targeting a price range from $370.0 to $430.0 for Deere over the last 3 months. The price of DE is currently down -0.07% at $377.11. Evercore ISI Group, HSBC, and Canaccord Genuity have all downgraded their actions on Deere.
October 02, 2023 | 6:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
A large investor has taken a bearish stance on Deere, with a price target range of $370-$430. The stock is currently down -0.07% at $377.11.
The bearish stance taken by a large investor, along with the downgrades by Evercore ISI Group, HSBC, and Canaccord Genuity, indicate a potential negative short-term impact on Deere's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100