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Scotiabank Sticks to Their Buy Rating for Eli Lilly & Co (LLY)

Tipranks - Tipranks - Sat Apr 18, 6:32AM CDT

Scotiabank analyst Louise Chen maintained a Buy rating on Eli Lilly & Co today and set a price target of $1,300.00.

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Chen covers the Healthcare sector, focusing on stocks such as Merck & Company, Eli Lilly & Co, and Gilead Sciences. According to TipRanks, Chen has an average return of 3.6% and a 47.53% success rate on recommended stocks.

In a report released today, Barclays also maintained a Buy rating on the stock with a $1,350.00 price target.

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Based on Eli Lilly & Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $19.29 billion and a net profit of $6.64 billion. In comparison, last year the company earned a revenue of $13.53 billion and had a net profit of $4.41 billion

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