B of A Securities Maintains Buy on Eli Lilly and Co, Raises Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Geoff Meacham has maintained a Buy rating on Eli Lilly and Co (LLY) and increased the price target from $800 to $1000.
March 01, 2024 | 5:44 pm
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POSITIVE IMPACT
Eli Lilly and Co's Buy rating is maintained by B of A Securities, with a price target increase from $800 to $1000.
The increase in price target by a reputable analyst firm like B of A Securities suggests a strong confidence in Eli Lilly's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100