Spotlight on Eli Lilly and Co: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Eli Lilly and Co (NYSE:LLY) options, with a notable increase in bullish activity. The options activity suggests a potential price movement, with a focus on a price band between $430.0 and $1000.0. Analysts have mixed ratings, with an average price target of $909.0.
June 17, 2024 | 1:47 pm
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Eli Lilly and Co (NYSE:LLY) has seen a significant increase in options activity, with a majority of trades being bullish. This suggests potential upward price movement. Analysts have mixed ratings, with an average price target of $909.0.
The surge in options activity, particularly the bullish sentiment, indicates that major investors are expecting a positive price movement. The mixed analyst ratings with an average target of $909.0 also support potential upward movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100