** Eli Lilly LLY.N forecast strong growth for 2026 on Wednesday on the back of surging demand for obesity drugs, shaking off pricing pressures that sunk rival Novo Nordisk's NOVOb.CO outlook
** Median PT of 33 brokerages covering the stock is $1205 - data compiled by LSEG
ORFORGLIPRON LAUNCH ON THE HORIZON
** BMO ("outperform," PT: $1300) says Lilly is well positioned for 2026 and beyond; co's momentum is building into the new year with its incretin business continuing to drive significant growth despite pricing headwinds
** J.P. Morgan ("overweight," PT: $1300) sees rapid uptake among consumers for orforglipron especially among the "less-penetrated overweight population as well as among those wanting non-injectable options"
** Truist Securities ("buy," PT: $1281) says LLY has a strong growth year ahead fueled by the expansion of Mounjaro and launch of orforglipron in the U.S.
** Morningstar (fair value: $870) says Lilly's orforglipron has an upper hand internationally over rival Novo's Wegovy given its ease of manufacturing; adds orforglipron's launch in the U.S. in 2026 and in 2027 internationally will be a major catalyst for shares
(Reporting by Kanchana Chakravarty in Bengaluru)
((Kanchana.Chakravarty@thomsonreuters.com))