A Closer Look at Deere's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards Deere (NYSE:DE) in the options market, with 55% of trades being bearish. The major market movers are focusing on a price range between $330.0 and $410.0. Analysts have mixed ratings on Deere, with target prices ranging from $385 to $465.
June 07, 2024 | 3:46 pm
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Deere (NYSE:DE) has seen a significant bearish sentiment in the options market, with 55% of trades being bearish. The stock is currently priced at $371.11, down -0.04%. Analysts have mixed ratings with target prices ranging from $385 to $465.
The bearish sentiment in the options market, with 55% of trades being bearish, suggests a negative short-term outlook for Deere. Additionally, the stock's slight decline and mixed analyst ratings contribute to the likelihood of a downward price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100