Check Out What Whales Are Doing With NEM
Portfolio Pulse from Benzinga Insights
Wealthy investors have taken a bearish stance on Newmont (NYSE:NEM), as observed through recent options trades. The sentiment is predominantly bearish, with 62% of the trades reflecting this outlook. Analysts have mixed ratings, with a price target range of $48 to $50.
June 20, 2024 | 3:15 pm
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Wealthy investors have taken a bearish stance on Newmont (NYSE:NEM), as observed through recent options trades. The sentiment is predominantly bearish, with 62% of the trades reflecting this outlook. Analysts have mixed ratings, with a price target range of $48 to $50.
The majority of recent options trades for Newmont are bearish, indicating that wealthy investors expect the stock to decline. This sentiment is significant given the volume and nature of the trades. Additionally, mixed analyst ratings add to the uncertainty, with price targets ranging from $48 to $50.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100