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flag Eli Lilly reported a 45.2% revenue increase, despite a major investor reducing its stake.

flag Eli Lilly and Company saw several institutional investors adjust their stakes, with Sherman Asset Management Inc. significantly reducing its holdings by 85.6%. flag Despite mixed earnings reports, the company's stock is rated as a "Moderate Buy" with a price target of $1,011.37. flag Eli Lilly reported a 45.2% increase in revenue and has a strong pipeline, particularly with its diabetes and obesity medication tirzepatide. flag The company also recently announced a quarterly dividend of $1.50 per share.

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