US FDA staff raise no major concerns about Eli Lilly Alzheimer's drug

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Eli Lilly (LLY) PT Raised to $957 at Jefferies

June 6, 2024 4:27 PM EDT

Jefferies analyst Akash Tewari raised the price target on Eli Lilly (NYSE: LLY) to $957.00 (from $925.00) while maintaining a Buy rating.

The analyst comments "Dona's Ad Com documents look fine we note 1) FDA didn't agree w/ LLY on changing primary endpoint but believes data supports... More