Report
Damien Conover
EUR 101.80 For Business Accounts Only

Lilly's growth outlook is improving through cutting costs and launching several drugs.

Eli Lilly’s fourth-quarter outperformance versus both our and consensus expectations combined with tax-rate guidance 250 basis points below our expectations will likely lead to a minor fair value estimate increase, and we view the stock as slightly undervalued. Lilly’s strong new drug growth reinforces our conviction in the firm’s wide moat rating as innovation is offsetting the generic competition on older drugs.
In the quarter, new drugs added over $700 million in incremental sales to Lilly’s ...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Analysts
Damien Conover

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