Morgan Stanley analyst Terence Flynn raised the firm’s price target on Eli Lilly to $448 from $444 and keeps an Overweight rating on the shares after adjusting the firm’s models for recent IQVIA trends as well as intraquarter updates. Within the large cap pharma group, the firm sees a need to remain selective and believes that companies that can deliver growth in the second half of the decade are best positioned.
Published first on TheFly
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