What the Options Market Tells Us About Deere
Portfolio Pulse from Benzinga Insights
The options market shows a bearish sentiment towards Deere (NYSE:DE), with 50% of trades being bearish and only 8% bullish. The major market movers are focusing on a price range between $370.0 and $480.0. Analysts have downgraded the stock, with target prices set at $420 and $395.
June 28, 2024 | 7:01 pm
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The options market indicates a bearish sentiment towards Deere, with 50% of trades being bearish. Analysts have downgraded the stock, setting target prices at $420 and $395.
The majority of options trades are bearish, and analysts have downgraded the stock, indicating a negative short-term outlook. This is likely to put downward pressure on the stock price.
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