Barclays Maintains Overweight on Eli Lilly, Raises Price Target to $680
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Carter Gould has maintained an Overweight rating on Eli Lilly (NYSE:LLY) and increased the price target from $630 to $680.
January 23, 2024 | 1:16 pm
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Barclays has reaffirmed its Overweight rating on Eli Lilly and raised the price target from $630 to $680, indicating a positive outlook on the stock.
The increase in price target by a major financial institution like Barclays typically suggests a strong conviction in the company's future performance and growth potential. This can often lead to increased investor confidence and a potential short-term rise in the stock price.
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RELEVANCE 100