UPDATE: Bank of America Merrill Lynch Reiterates Buy Rating, Raises PT on Eli Lilly & Co.
Posted on January 09, 2013 at 12:36 PM EST
In a report published Wednesday, Bank of America Merrill Lynch reiterated its Buy rating on Eli Lilly & Co. (NYSE: LLY ), and raised its price target from $57.00 to $60.00. BofA Merrill Lynch noted, “LLY offers a good mix of compelling valuation, an attractive dividend yield with a track