Lilly ESG Report Highlights Progress Towards Sustainability Goals

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Bank of America boosts estimates on Eli Lilly (LLY) following consumer analysis

May 24, 2023 11:54 AM EDT

Bank of America reiterated a Buy rating on Eli Lilly & Co. (NYSE: LLY) and raised their 12-month price target on the stock to $500.00 (From $450.00) following a proprietary consumer analysis conducted to examine the escalating hype surrounding new obesity medications.

Bank of America analyzed >1,100 U.S. consumers responses to assess weight loss therapeutics current demand, uptake, and treatment limitations to get a directional sense of... More