Thursday, March 28, 2024
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Tuesday’s analyst calls: Eli Lilly gets price target increase, gas stock downgrade

### Article Analysis:
The article discusses analyst calls and Wall Street chatter, focusing on updates related to prominent companies such as Goldman Sachs, Sunoco, and Eli Lilly.

### Three Highlights:
1. **Goldman Sachs Coverage Initiated**: Edward Jones initiated coverage of Goldman Sachs with a buy rating, citing the company’s strong position in the investment banking sector and attractive entry point for investors.

2. **Sunoco Downgraded by Citi**: Citi downgraded Sunoco to neutral from buy due to overvaluation following a significant share price increase, related to the pending acquisition of NuStar Energy.

3. **Eli Lilly Price Target Raised**: Berenberg raised its price target on Eli Lilly, citing expected strong sales of its weight loss drug Zepbound and predicting significant gains for the company.


Editorial content by Blake Sterling

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