This Is What Whales Are Betting On Eli Lilly
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Eli Lilly (NYSE:LLY) by a large investor, as indicated by unusual options trades. The sentiment among these big-money traders is split between 38% bullish and 61% bearish. The whales have been targeting a price range from $300.0 to $580.0 for Eli Lilly over the last 3 months. Analysts from Truist Securities, Cantor Fitzgerald, Goldman Sachs, and Credit Suisse have given varied price targets for the company.
August 25, 2023 | 4:46 pm
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A large investor has taken a bearish stance on Eli Lilly, with unusual options trades indicating a potential price movement. Analysts have given varied price targets.
The bearish stance taken by a large investor, indicated by unusual options trades, suggests that there may be a potential downward price movement for Eli Lilly. This is further complicated by the varied price targets given by different analysts, creating uncertainty in the market.
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IMPORTANCE 80
RELEVANCE 100