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MassMutual increases stake in Eli Lilly amid positive drug trial results and mixed analyst views.

Market News
23 Mar 2026
Defense World
View Source
Bullish
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MassMutual Private Wealth & Trust FSB increased its holdings in Eli Lilly by 2.6% in Q4, now owning 25,934 shares worth nearly $28 million. Eli Lilly reported strong quarterly earnings with a 42.6% revenue increase and promising drug trial results, including a potential blockbuster obesity/diabetes treatment. However, the stock faces some pressure from analyst downgrades and competitive risks. Despite this, Eli Lilly maintains a moderate buy consensus with a target price around $1,221, reflecting optimism about its long-term growth prospects.

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