Lilly (LLY) Updates on EXPEDITION in Alzheimer's; Slowing Observed in Pooled Analysis

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Eli Lilly (LLY) Higher on Alzheimer Drug Hopes, Though Results Fail to Impress Analysts

October 9, 2012 11:39 AM EDT

Recent studies of Eli Lilly's (NYSE: LLY) EXPEDITION in patients with mild Alzheimer's showed a statistically significant 34 percent slowing of cognitive decline versus placebo.

Analysts at MKM Partners said while the efficacy of Lilly's alzheimers drug was not overly impressive and longer-term... More

Eli Lilly (LLY) Moves Higher on Large Block Trade

October 9, 2012 9:55 AM EDT

Eli Lilly & Co. (NYSE: LLY) on th move as a 1.14 million share block trade pushed the stock above $51.55 today.

Overall, Lilly shares are up 1.8 percent Tuesday, following a 5.3 percent run yesterday on new EXPEDITION data.

Average volume for Lilly is about 7.5 million shares.... More

Goldman Sachs Upgrades Eli Lilly (LLY) to Neutral on New "Hope Trade"

October 9, 2012 7:01 AM EDT

Goldman Sachs upgraded Eli Lilly (NYSE: LLY) from Sell to Neutral with a price target of $54.00 (from $42.00) saying the Sola data supports optionality trade.

New solanezumab data provides a backbone for the recent "hope trade," the firm notes.

"Our... More