Why These 5 Stocks Are Trending Today

Page 1 of 5

In this article, we discuss 5 trending stocks today. If you want to check out some more companies trending today, go directly to Why These 10 Stocks Are Trending Today.

5. Eli Lilly and Company (NYSE:LLY)

Number of Hedge Fund Holders: 70

Eli Lilly and Company (NYSE:LLY) is trending today after Jasper Hellweg of Argus raised his price target on the stock to $360 from $315. The analyst also kept a ‘Buy’ rating on Eli Lilly and Company (NYSE:LLY). Hellweg likes how the company recently received a FDA priority review for donanemab and how Eli Lilly and Company (NYSE:LLY) is advancing its pipeline. The continued advancement could help increase sales and earnings in the future.

Despite the market decline this year, Eli Lilly and Company (NYSE:LLY) shares are up almost 20% year to date.

Page 1 of 5