A Closer Look at Danaher's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Danaher (NYSE:DHR) as revealed by Benzinga's options scanner. The options activity is unusual, with 44% of investors bearish and 33% bullish. Significant options trades include 13 puts and 5 calls, with a total trade value of over $1.4 million. Analysts have mixed ratings, with price targets ranging from $278 to $315.

October 22, 2024 | 3:45 pm
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Danaher is experiencing unusual options activity with a bearish sentiment from investors. Analysts have mixed ratings, with price targets ranging from $278 to $315.
The unusual options activity, with a significant portion being bearish, suggests potential downward pressure on Danaher's stock price. The mixed analyst ratings add to the uncertainty, but the bearish sentiment in the options market is a strong indicator of short-term negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100