Check Out What Whales Are Doing With AEM
Portfolio Pulse from Benzinga Insights
Whales have taken a bearish stance on Agnico Eagle Mines (NYSE:AEM), with 62% of recent options trades being puts. The price target range for AEM is between $55.0 and $85.0. The stock is currently trading at $64.42, down by 1.26%. An analyst from Scotiabank maintains a Sector Outperform rating with a price target of $81.
June 11, 2024 | 7:16 pm
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Whales have shown a bearish sentiment towards Agnico Eagle Mines (NYSE:AEM) with 62% of recent options trades being puts. The stock is currently trading at $64.42, down by 1.26%. An analyst from Scotiabank maintains a Sector Outperform rating with a price target of $81.
The majority of recent options trades (62%) are puts, indicating a bearish sentiment among large investors. The stock is currently down by 1.26%, and while an analyst maintains a positive rating, the overall sentiment from options trading suggests potential short-term downside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100