Credit Suisse Raises Eli Lilly Price Target

Here are three takeaways on Credit Suiss's price target increase of Eli Lilly and Co LLY.

"1. We raise our target price to $65 (from $61).

2. Raising TP Following 3Q 2014, Remain Neutral While Watching Commercial Execution

3. We maintain our Neutral rating on the stock given the stock’s current valuation and look for successful commercial execution of new product launches, most notably Trulicity (dulaglutide)."

Shares of Eli lilly were up fractionally on average volume at $66.48.

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