Barclays analyst Carter Gould raised the firm’s price target on Eli Lilly to $500 from $420 and keeps an Overweight rating on the shares. The company’s incretin pipeline “bests even high expectations,” emerging with reinforced leadership supported by best-in-class oral for orforglipron, landmark efficacy data on retatrutide, and competitor setbacks, the analyst tells investors in a research note. The firm raised its 2030 incretin portfolio estimates to $49B from $38B-$40B.
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