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Why Did Eli Lilly Stock Drop Today?


Eli Lilly (NYSE: LLY) stock slipped 2.5% through 10:15 a.m. ET Tuesday -- despite receiving positive press from Wall Street analysts this morning.

UBS analyst Michael Yee just reiterated his buy rating on the GLP-1 drug company today. Interestingly, the reason he doubled down on Eli Lilly... has nothing at all to do with diet drugs.

Image source: Getty Images.

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Source Fool.com

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