This Is What Whales Are Betting On Eli Lilly
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Eli Lilly (NYSE:LLY), with 54% of investors opening trades with bearish expectations. Whales have been targeting a price range from $300.0 to $470.0 for Eli Lilly over the last 3 months. The price of LLY is down -0.42% at $452.65. Several experts have given their ratings on Eli Lilly, with price targets ranging from $525 to $560.
August 04, 2023 | 10:06 am
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NEGATIVE IMPACT
Bearish stance taken by a significant investor on Eli Lilly. Price targets given by experts range from $525 to $560. Current price is down -0.42% at $452.65.
The bearish stance taken by a significant investor, along with the current price drop, could potentially lead to a short-term decrease in Eli Lilly's stock price. However, the price targets given by experts are higher than the current price, indicating a potential increase in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100