Check Out What Whales Are Doing With LLY
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Eli Lilly (LLY) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 30% bullish and 69% bearish. The whales have been targeting a price range from $300 to $860 for Eli Lilly over the last 3 months. The current price of LLY is down -0.87% at $575.26. Several financial institutions have maintained their positive ratings on Eli Lilly, with price targets ranging from $650 to $722.
November 03, 2023 | 4:30 pm
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A large investor has taken a bearish stance on Eli Lilly (LLY), indicated by unusual options activity. The sentiment among these big-money traders is 30% bullish and 69% bearish. Several financial institutions have maintained their positive ratings on Eli Lilly, with price targets ranging from $650 to $722.
The bearish stance taken by a large investor, indicated by unusual options activity, could potentially drive the stock price down in the short term. However, the positive ratings and high price targets from several financial institutions suggest a positive outlook for the company in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100