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Eli Lilly price target raised after beat-and-raise quarter
CNBC Earnings said strength in the company’s GLP-1 business indicates the stock may have further upside.
Eli Lilly’s stock price target was increased following another beat-and-raise quarter, according to CNBC Earnings.
The outlet pointed to ongoing strength in the company’s GLP-1 business, arguing it suggests the shares still have more room to run.
The update frames the latest results as confirmation of momentum in Eli Lilly’s GLP-1 franchise.
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