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Eli Lilly remains a Buy despite 12% price drop, boosted by new FDA approval and strategic acquisition.

Analyst Insights
08 Apr 2026
Seeking Alpha
View Source
Bullish
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Eli Lilly's stock has fallen 12% recently due to challenges like price cuts for Zepbound and slower revenue growth. However, the company remains a Buy because of strategic moves including FDA approval of orforglipron and the acquisition of Centessa, which expand its cardio-metabolic and neuroscience portfolios. These developments enhance Eli Lilly's long-term growth potential despite near-term earnings pressure. Investors may see an uptick as these growth drivers take effect.

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