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Benzinga
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Cramer Expects This FinTech To Reach $100, Upset With Eli Lilly: 'Come Back And Talk To Me'

1. Jim Cramer expresses negativity towards Eli Lilly's handling of issues. 2. LLY shares gained 1.5% to $635.22. 3. Cramer believes sentiment on LLY may be overly negative. 4. LLY released promising Phase 3 data for orforglipron on August 7. 5. Affirm Holdings was rated as a buy with potential upside.

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FAQ

Why Neutral?

While Cramer's comments are critical, LLY's stock did see a modest increase. Historically, analyst remarks can add volatility but may not change fundamentals immediately.

How important is it?

Cramer’s insights indicate mixed views on LLY but lack a clear positive signal. The ongoing clinical trials and market dynamics further contribute to LLY's future potential.

Why Short Term?

Immediate market reactions to analyst commentary may influence LLY stock. However, significant changes will depend on further updates on drug trials or corporate communications.

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