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Shares of big pharma Eli Lilly (LLY) rose Friday after Credit Suisse upgraded its rating on the company largely on the strength of its diabetes franchise. Analyst Vamil Divan lifted his rating on Lilly stock to outperform from neutral and raised his price target to 105 from 89 late Thursday. Divan highlighted the recent Empa-Reg Outcome trial that established that Lilly’s diabetes drug Jardiance helps prevent heart-related deaths. “Our survey Scalper1 News
Scalper1 News