Market Overview

Benzinga Pro's Top 5 Stocks To Watch For Fri., Jan. 10, 2020: LLY, JPM, SRNE, ELAN, TWTR

Share:

Benzinga Pro's Stocks To Watch For Friday

  • Eli Lilly (LLY) - Shares were quiet Friday morning despite news the company will purchase Dermira (DERM) for $18.75/share in cash. Dermira shares were up about 4% to around the $19.20 level.
  • JP Morgan (JPM) - The company will report Q4 earnings on Tuesday of next week. Wells Fargo (WFC) and Citigroup (C) will also report quarterly results on Tuesday ahead of the open.
  • Sorrento Therapeutics (SRNE) - The stock was up nearly 50% following news it received an unsolicited acquisition offer from private equity at $7/share.The stock last traded around $5.
  • Elanco Animal Health (ELAN) - Reported expectations for FY20: said sees adjusted EPS in the $1.09-$1.16 range on sales of $3.05 to $3.11 billion range.
  • Twitter (TWTR) - Shares were down about 1% to just under $33 in pre-market action following a new Underperform rating and $27 price target from an analyst at Bernstein.

Posted-In: Pre-Market Outlook

 

Related Articles (C + DERM)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com