This Is What Whales Are Betting On Eli Lilly
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Eli Lilly (NYSE:LLY), with 53% of detected trades showing bearish expectations. Whales have been targeting a price range from $160.0 to $800.0 for Eli Lilly over the last 3 months. The price of LLY is up 0.99% at $611.25. Morgan Stanley, Cantor Fitzgerald, and Wells Fargo have maintained their Overweight rating on Eli Lilly, with price targets of $673, $630, and $650 respectively.
October 12, 2023 | 2:17 pm
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Bearish sentiment detected in Eli Lilly trades. Whales target price range $160-$800. LLY up 0.99% at $611.25. Overweight ratings maintained by Morgan Stanley, Cantor Fitzgerald, and Wells Fargo.
The bearish sentiment detected in Eli Lilly trades could potentially impact the stock price. However, the Overweight ratings maintained by Morgan Stanley, Cantor Fitzgerald, and Wells Fargo indicate a positive outlook for the stock. The current price of LLY is up, which could be a positive sign for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100