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 75% of recent trades being bearish. The trades suggest a target price range of $350 to $600 for Eli Lilly over the next three months. Despite this, several financial institutions have maintained positive ratings on the company, with price targets ranging from $510 to $615.
August 16, 2023 | 8:01 pm
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A significant investor has taken a bearish stance on Eli Lilly, with a target price range of $350 to $600. However, several financial institutions have maintained positive ratings on the company.
The bearish stance from a significant investor could potentially drive the stock price down in the short term. However, the positive ratings from financial institutions may counteract this effect to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100