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BMO Capital Remains a Buy on Eli Lilly & Co (LLY)
BMO Capital analyst Evan Seigerman maintained a Buy rating on Eli Lilly & Co (LLY) with a price target of $1,300.00, while Citi also reiterated a Buy rating with a $1,500.00 price target. The company recently reported strong quarterly revenues of $19.29 billion and a net profit of $6.64 billion, significantly up from the previous year. Despite positive analyst sentiment, corporate insider activity shows a negative trend, with increased insider selling over the past quarter.