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Citi Raises Eli Lilly Price Target to Street-High $1,500 on Oral Weight-Loss Drug Potential

Citi Raises Eli Lilly Price Target to Street-High $1,500 on Oral Weight-Loss Drug Potential

Author:

Global Cryptocurrency

Published:

2025-11-13 17:04:02

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BTCCSquare news:

Eli Lilly shares continue their upward trajectory, fueled by a robust earnings report and heightened annual guidance. Citi analyst Geoff Meacham has lifted his price target from $1,250 to a Wall Street-leading $1,500, implying 47% upside potential. The bullish outlook hinges on orforglipron, Lilly's experimental oral GLP-1 therapy for diabetes and obesity.

Market expectations for the drug have escalated due to its competitive profile and strong consumer demand. Following discussions with Lilly's CEO Dave Ricks, Meacham sees significant optionality in the oral GLP-1 launch. The treatment could disrupt the weight-loss market currently dominated by injectable therapies.

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