Cantor Fitzgerald Lifts PT on Eli Lilly and Company (LLY) on Q1 Earnings Call

1 hour ago 1

Noor Ul Ain Rehman

Thu, May 7, 2026 astatine 12:26 PM CDT 2 min read

Eli Lilly and Company (NYSE:LLY) is 1 of the champion beardown bargain stocks to put successful according to billionaires. Cantor Fitzgerald lifted the terms people connected Eli Lilly and Company (NYSE:LLY) to $1,230 from $1,205 connected May 1, reaffirming an Overweight standing connected the shares. The steadfast told investors successful a probe enactment that the company’s fiscal Q1 telephone highlighted coagulated OUS Mounjaro request with imaginable upside to raised guidance and encouraging aboriginal Foundayo ramp commentary. It besides cited improved net leverage supporting higher EPS expectations and aggregate catalysts, including a imaginable 2H acceleration and anticipation of retatrutide, helping prolong engagement.

RBC Capital Sees Eli Lilly’s (LLY) Retatrutide arsenic Key Growth Driver contempt Mixed Trial Results

In different development, Eli Lilly and Company (NYSE:LLY) announced connected April 27 the signing of a definitive statement for it to get Ajax. Ajax is simply a biopharmaceutical institution that develops next-generation JAK inhibitors for patients with myeloproliferative neoplasms, and its pb asset, AJ1-11095, is an investigational, once-daily oral, first-in-class Type II JAK2 inhibitor presently being evaluated successful a Phase 1 objective trial, AJX-101, successful patients with myelofibrosis who person antecedently been treated with a Type I JAK2 inhibitor.

Eli Lilly and Company (NYSE:LLY) develops, manufactures, discovers, and sells pharmaceutical products. These products span oncology, diabetes, immunology, neuroscience, and different therapies.

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