Unpacking the Latest Options Trading Trends in Danaher
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Danaher (NYSE:DHR) show a bearish sentiment among financial giants, with 53% of trades being bearish. The trading activity suggests a price target range of $95 to $290. Analysts have adjusted their ratings, with Wells Fargo downgrading to Equal-Weight and RBC Capital lowering to Outperform.
September 09, 2024 | 4:15 pm
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Danaher (NYSE:DHR) is experiencing a bearish sentiment in options trading, with 53% of trades being bearish. Analysts have adjusted their ratings, with Wells Fargo downgrading to Equal-Weight and RBC Capital lowering to Outperform. The trading activity suggests a price target range of $95 to $290.
The bearish sentiment in options trading, with 53% of trades being bearish, indicates a negative outlook for Danaher's stock price in the short term. Additionally, the downgrades by analysts from Wells Fargo and RBC Capital further support a potential decline in stock price. The projected price target range of $95 to $290 suggests significant volatility.
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IMPORTANCE 80
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