Eli Lilly & Co. (LLY) option implied volatility flat as share prices at record high

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Eli Lilly & Co. (LLY) upgraded at Jefferies - sees near-term revenue and EPS upside

August 9, 2023 11:00 AM EDT

Eli Lilly & Co. (NYSE: LLY) was raised to Buy from Hold at Jefferies on Wednesday, with analyst Akash Tewari raising the price target to $615 per share from $430.

The upgrade follows two positive data points for the pharmaceutical company. Tewari explained that "SELECT showed... More