Deere's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish sentiment towards Deere (NYSE:DE), with a significant move in options trading. Benzinga's tracking revealed 13 extraordinary options activities, with a bullish majority of 53% and a bearish minority of 46%. The options trading suggests a price target window for Deere between $200.0 and $430.0. The largest trades include both bullish and bearish sentiments across various expiration dates and strike prices. Deere, a leading agricultural equipment manufacturer, has seen its stock price slightly increase by 0.16% to $384.0. Market experts have issued ratings with a consensus target price of $440.5.
March 18, 2024 | 5:15 pm
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Deep-pocketed investors are bullish on Deere, with significant options activity suggesting a price target between $200 and $430. The stock has slightly increased, and experts have a consensus target price of $440.5.
The bullish sentiment among significant investors, coupled with the current slight increase in stock price and expert ratings, suggests a positive short-term impact. The options activity indicates a strong investor interest in DE, potentially driving the stock price up.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100