Eli Lilly's Strong 2023 Financial Results and Weight-Loss Drug Demand Outlook

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Source: CNBC
Eli Lilly's Strong 2023 Financial Results and Weight-Loss Drug Demand Outlook
Photo: CNBC
TL;DR Summary

Eli Lilly's strong fourth-quarter results and 2024 sales guidance exceeding Wall Street's expectations have led to an increase in the stock's price target by $120, reinforcing its position as the world's most valuable drugmaker.

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