Deere's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards Deere (NYSE:DE) through options trading, with 50% of trades being bearish. The price range targeted by these trades is between $360.0 and $400.0. Analysts have mixed ratings on Deere, with target prices ranging from $385 to $465.
June 13, 2024 | 5:32 pm
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Financial giants have shown a bearish sentiment towards Deere (NYSE:DE) through options trading, with 50% of trades being bearish. The price range targeted by these trades is between $360.0 and $400.0. Analysts have mixed ratings on Deere, with target prices ranging from $385 to $465.
The bearish sentiment from significant options trades suggests a potential short-term decline in Deere's stock price. However, mixed analyst ratings provide a range of target prices, indicating some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100