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
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100