Jefferies Maintains Hold on Eli Lilly, Raises Price Target to $430
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Akash Tewari maintains a 'Hold' rating on Eli Lilly (NYSE:LLY) and raises the price target from $408 to $430.

July 21, 2023 | 5:24 pm
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Jefferies analyst Akash Tewari maintains a 'Hold' rating on Eli Lilly and raises the price target from $408 to $430.
The news is directly related to Eli Lilly as the analyst from Jefferies maintains a 'Hold' rating on the company and raises the price target. This suggests that the analyst sees potential in the company but also some risks, hence the 'Hold' rating. The increase in price target could lead to a positive sentiment among investors, but it's not a strong buy signal, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100