What's Going On With Eli Lilly Today?
Portfolio Pulse from Vaishali Prayag
Eli Lilly & Co (NYSE:LLY) shares are trading lower ahead of its second-quarter earnings report on Aug. 8, which is expected to show EPS of $2.70 and revenue of $9.949 billion. Significant options trading activity indicates mixed market sentiment. Analysts predict a broad price range of $400 to $1,320 with an average target price of $986.80.
July 30, 2024 | 9:28 pm
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Eli Lilly shares are trading lower ahead of its Q2 earnings report, expected to show EPS of $2.70 and revenue of $9.949 billion. Significant options trading activity indicates mixed market sentiment, with analysts predicting a broad price range and an average target price of $986.80.
The upcoming earnings report and significant options trading activity indicate mixed market sentiment, leading to a short-term negative impact on the stock price. The broad price range and average target price suggest uncertainty among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100