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Eli Lilly reported strong earnings and a high dividend, boosting its stock rating to a "Moderate Buy."
Eli Lilly and Company reported strong earnings of $3.34 per share, exceeding expectations, and declared a quarterly dividend of $1.50 per share.
Several institutional investors have increased their holdings in Eli Lilly, including North Star Asset Management Inc., which raised its position by 2.0%, and Forum Financial Management LP, which increased its stake by 3.2%.
The stock is rated a "Moderate Buy" with a price target of $1,011.37.
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Eli Lilly reportó fuertes ganancias y un alto dividendo, elevando su calificación de acciones a una "Compra Moderada".