Bernstein SocGen Group Reiterates Outperform Rating on Eli Lilly (LLY) Despite 'Disappointing' GLP-1 Miss

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Leerink Partners Reiterates Outperform Rating on Eli Lilly (LLY)

January 17, 2025 9:44 AM EST

Leerink Partners analyst Andrew Berens reiterated an Outperform rating and $950.00 price target on Eli Lilly (NYSE: LLY).

The analyst comments " Bottom Line: NVOs (Not Rated) Ph3b STEP UP trial of a higher dose, 7.2 mg semaglutide achieved 20.7% (18.3% pbo-adj.) weight loss after 72 weeks in nondiabetic obese patients. The approved max dose of semaglutide in nondiabetic obesity is 2.4 mg. The weight loss exhibited with... More