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QP Wealth Management buys 706 Eli Lilly shares amid positive drug trial results and strong earnings.

Market News
22 Mar 2026
Defense World
View Source
Bullish
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QP Wealth Management LLC acquired 706 shares of Eli Lilly and Company in Q4, valued at about $759,000. Other institutional investors also increased their stakes. Eli Lilly recently reported strong quarterly earnings with $7.54 EPS, beating estimates, and revenue up 42.6% year-over-year. Positive news includes promising trial results for obesity and pediatric treatments, supporting long-term growth, despite some analyst downgrades and competitive pressures. The company maintains a moderate buy consensus with a price target around $1,221.

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