Eli Lilly, Novo Euphoria Risks Disappointing Investors, Goldman Says [Yahoo! Finance]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: Yahoo! Finance
(Bloomberg) -- The weight loss drug frenzy that's driven Eli Lilly & Co. and Novo Nordisk A/S to record peaks is raising the stakes for investors, according to Goldman Sachs Group Inc. analysts. Most Read from Bloomberg Israel Bracing for Unprecedented Direct Iran Attack in Days Apple Plans to Overhaul Entire Mac Line With AI-Focused M4 Chips Russian Attacks on Ukraine Stoke Fears Army Near Breaking Point Stocks Get Hit as War Jitters Fuel Rush to Bonds: Markets Wrap US Sees Imminent Missile Strike on Israel by Iran, Proxies “Expectations are high, which heightens the risk to potentially disappoint,” according to analyst Chris Shibutani, who said investors have been buying into the obesity drug demand narrative and pricing in “a significant amount of optimism.” Shibutani, who maintains a hold rating on Lilly, said if the drugmakers were unable to meet the surging demand for the drugs, that could dent the enthusiasm for the stocks. Supply shortages have dogged the popu
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News
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LLY
Earnings
- 2/6/24 - Miss
LLY
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- LLY's page on the SEC website