SVB Leerink Maintains Outperform on Eli Lilly, Raises Price Target to $384
SVB Leerink analyst David Risinger maintains Eli Lilly (NYSE:LLY) with a Outperform and raises the price target from $341 to $384.
Provention Bio’s Second Try, Apellis’s Eye Disorder Drug Review, 3 Adcom Verdicts And More: November’s Key PDUFA Catalysts Biotech Investors Must Know
Editor's note: This story has been corrected to reflect that the FDA deferred action on Amicus Therapeutics' Biologics License Application.
Nasdaq Down 60 Points; Eli Lilly Lowers Earnings Forecast
U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping around 50 points on Tuesday.
Eli Lilly Sees FY22 Adj EPS Of $7.70-$7.85 Vs. Prior Range Of $7.90-$8.05 And $8.08 Consensus
The company forecasts FY22 sales of $28.5 billion-$29.0 billion compared to previous guidance of $28.8-$29.3 billion and a consensus of $28.27 billion
Eli Lilly Q3 EPS $1.98 Beats $1.92 Estimate, Sales $6.94B Beat $6.91B Estimate
Eli Lilly (NYSE:LLY) reported quarterly earnings of $1.98 per share which beat the analyst consensus estimate of $1.92 by 3.13 percent. This is a 11.86 percent increase over earnings of $1.77 per share from the same
Investor Optimism Drops Slightly Despite Dow Recording Best Month Since 1976
The CNN Money Fear and Greed index showed some easing in overall market sentiment after US stocks recorded losses on Monday.
The Dow Jones, however, notched its best month since 1976, with all the major indices ending a two-month losing streak.
Pfizer, Eli Lilly And 3 Stocks To Watch Heading Into Tuesday
With US stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
After FDA, European Agency Limits Use Of Certain JAK Inhibitors Amid Safety Concerns
The European Medicine Agency’s safety committee recommended that a group of JAK inhibitors for chronic inflammatory disorders be only used…
Lilly Commits $92.5M To Purdue To Establish An Innovative Pharmaceutical Manufacturing Scholarship Program And To Extend Research Collaboration
Scholarships will prioritize students from underrepresented groups, who have overcome disadvantages or are first generation to attend college
Research collaboration aims to develop new methods for delivering therapies