JP Morgan Maintains Overweight on Eli Lilly and Co, Raises Price Target to $850
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Chris Schott maintains an Overweight rating on Eli Lilly and Co (LLY) and raises the price target from $775 to $850.
March 15, 2024 | 2:05 pm
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JP Morgan analyst Chris Schott reaffirmed an Overweight rating on Eli Lilly and Co, increasing the price target from $775 to $850.
The upgrade in the price target by a reputable analyst like Chris Schott from JP Morgan is a strong positive signal for Eli Lilly and Co. It suggests a bullish outlook on the stock's future performance, likely leading to increased investor confidence and potential upward movement in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100