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Benzinga
4 days

Eli Lilly Bulls Take Charge Ahead Of Q4 — Can It Reach $1000?

1. LLY to report Q4 earnings expecting $4.94 EPS and $13.66B revenue. 2. Stock price increased 19.23% over the past year, showing strong demand. 3. Analysts predict 27% upside, with average price target at $1066. 4. LLY is demonstrating bullish trend with prices above key moving averages. 5. Current Relative Strength Index indicates potential for further gains.

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FAQ

Why Bullish?

The anticipated strong earnings and positive analyst ratings signal potential upward momentum. Previous earnings announcements have led to price increases.

How important is it?

Upcoming earnings can significantly affect LLY's stock price, making it crucial for investors.

Why Short Term?

Earnings reports typically influence stock prices immediately, as seen in past quarterly results.

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