snoozi
08-07

$Eli Lilly(LLY)$

Now it's time for some facts.

Lly Earnings are forecasted to increase for the next 2 quarters going forward.

Based on analyst ratings, Eli Lilly’s 12 month average price target is $943.00 Eli Lilly has a 17% upside potential based on the analysts' average target price and the current price of $804.

Now I believe this analyst rating may have occurred before the price drop. Based on the original 7.3% upside, the stock was probably around $880 a share when they were calculating the upside potential.

On the low side I have seen other analysts who say the average Target prices $858 a share. Still with a 7% upside potential.

Regardless, that should not change the outlook consensus which is based on sales projections. so in theory, the upside is still there.

Eli Lilly & Co has a consensus rating of Strong Buy which is based on 17 buy ratings, 4 hold ratings and 0 sell ratings.

There is my "pump" for the day.

My opinion? The earning season continues for this stock.

LLY Beats vs. NVO Misses:Which Weight Loss Drug Do You Favor?
Eli Lilly expects fiscal year revenue to be between $45.4 billion and $46.6 billion, up from the previous forecast of $42.4 billion to $43.6 billion. Eli Lilly's stock surged 10% in pre-market trading. Novo Nordisk (NVO) stock tumbled Wednesday after the Danish drugmaker reported a rare sales miss. ------------ Which weight loss drug company is a better buy?
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