Eli Lilly & Co. (LLY) Raises Quarterly Dividend 2% to $0.51; 2.4% Yield

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Lilly (LLY) Shows Incremental Growth Opportunities - Piper Jaffray

December 9, 2015 7:42 AM EST

Piper Jaffray analyst, Richard Purkiss, attended a Eli Lilly (NYSE: LLY) investor day specifically addressing Elanco, its animal heath business, and its Alzheimer's disease portfolio. He came away with a deeper understanding of Elanco's growth drivers and believes this business could spur upgrades from other banks. Also, the depth and breadth of LLY's Alzheimer's portfolio beyond solanezumab was a clear upside surprise.

The wider animal health... More