Check Out What Whales Are Doing With LLY
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Eli Lilly (NYSE:LLY), with 57% of investors opening trades with bullish expectations and 42% with bearish. The whale has been targeting a price range from $175.0 to $520.0 for Eli Lilly over the last 3 months. Truist Securities and Cantor Fitzgerald have downgraded their actions on Eli Lilly, but Cantor Fitzgerald maintains their Overweight rating with a price target of $550.
July 05, 2023 | 4:46 pm
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POSITIVE IMPACT
Eli Lilly has seen a bullish stance from a whale investor, with a targeted price range of $175-$520. However, Truist Securities and Cantor Fitzgerald have downgraded their actions on the company.
The bullish stance from a whale investor, who has been targeting a price range of $175-$520 for Eli Lilly, indicates a positive outlook for the company's stock. However, the downgrades from Truist Securities and Cantor Fitzgerald could potentially impact the stock negatively. The overall impact is likely to be positive due to the bullish stance from the whale investor.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100