Check Out What Whales Are Doing With NEM
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Newmont (NYSE:NEM), with 56% of investors opening trades with bullish expectations and 43% with bearish. The whale has been targeting a price range from $35.0 to $45.0 for Newmont over the last 3 months. The price of NEM is up 0.72% at $37.9. Jefferies has maintained their Hold rating on Newmont, with a price target of $38.
October 10, 2023 | 6:16 pm
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Whale investor has taken a bullish stance on Newmont, targeting a price range from $35.0 to $45.0. The price of NEM is up 0.72% at $37.9. Jefferies maintains their Hold rating with a price target of $38.
The bullish stance of a whale investor, along with the maintained Hold rating from Jefferies, indicates positive sentiment towards Newmont. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100