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-3.20017067576646E-05 3.73353245506087E-05 -0.00153608192436936 -0.00134407168382313 -0.00115206144327702 -0.00250680036268603 -0.00234679182889759 -0.00199477305456292
Stock impact report

Bank of America sees Eli Lilly's Foundayo as preferred oral GLP-1 [Yahoo! Finance]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Yahoo! Finance
Eli Lilly and Co (NYSE:LLY) is entering the US market slightly ahead of schedule with its oral GLP-1 weight-loss therapy Foundayo, a move Bank of America says could expand the obesity market without cannibalizing the company's existing Zepbound product. In a note to clients, Bank of America reiterated its Buy rating on Lilly, citing the early approval and favorable labeling of Foundayo, also known as orforglipron. Analysts described the therapy as the preferred oral GLP-1 due to its ease of use and lack of food restrictions. The bank adjusted near-term forecasts to account for launch pricing and expected early dose-mix, lowering its 2026 US revenue estimate to around $2 billion from $3 billion, while leaving full-year revenue largely unchanged at $82 billion. Its price target for Lilly shares was slightly raised to $1,294. Bank of America isprojecting roughly 90% of second-quarter prescriptions will come from lower-dose formulations priced at $149 and $199. Revenue is forecas Show less Read more
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