Eli Lilly doubles down on Irish operations with $1.8 bln Investment

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Citi restarts coverage of Eli Lilly with Buy rating on increased tirzepatide forecasts

September 13, 2024 1:04 PM EDT

Citi reinstated its coverage of Eli Lilly & Co. (NYSE: LLY) with a Buy rating and a target price of $1,060 per share in a note Friday.

The move follows a period during which the rating was suspended. The analysts at Citi have updated their projections for Eli Lilly, driven by enhanced forecasts for the company's tirzepatide,... More