Key Stats for Eli Lilly Stock

• Price change for Eli Lilly stock: 3%
• $LLY Share Price as of May. 27: $1,087
• 52-Week High: $1,134
• $LLY Stock Price Target: $1,215

Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>

What Happened?

Eli Lilly (LLY) stock got a lift on Tuesday after Bank of America raised its price target from $1,133 to $1,251, and kept a Buy rating.

• Analyst Jason Gerberry pointed to the company’s dominant position in the GLP-1 market and a pipeline of new obesity drugs that could drive growth well into the next decade.
• The upgrade follows a BofA physician survey that found doctors expect to increase their use of GLP-1…