Barclays analyst Carter Gould keeps an Overweight rating on Eli Lilly with a $913 price target after the company presented the tirzepatide SURMOUNT-OSA data. The data “represent a clear win, with compelling consistency across efficacy measures, and no surprises on safety,” the analyst tells investors in a research note. Against high expectations, these data support a “transformative role” in the treatment of sleep apnea, contends the firm. It says the data support the GLP-1 expansion narrative of activity.
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