Why Eli Lilly Stock Climbed to a Record High Today
Yahoo Finance ·
Shares of Eli Lilly ( LLY +2.87% ) rose to a new all-time high on Tuesday, following upbeat analyst remarks. JPMorgan analyst Chris Schott reiterated his overweight (read: buy) rating on Eli Lilly's stock and boosted his share price target from $1,300 to $1,400. Even after today's gains, JPMorgan's new price forecast implies potential returns of over 13% for investors who buy Eli Lilly's shares now.
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