FINWIRES · TerminalLIVE
FINWIRES

Research Alert: CFRA Keeps Buy Rating On Shares Of Eli Lilly And Company

By

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our target to $1,255 from $1,225, 28.9x our 2027 EPS view, below LLY's five-year historical forward P/E average. We lift our 2026 EPS to $37.03 from $36.97 and raise our 2027 EPS to $43.42 from $42.22. We think LLY's continuous focus on external innovation to diversify its pipeline remains a key differentiator versus peers. LLY announced three vaccine deals today as part of a strategic push into infectious disease prevention. LLY is acquiring Curevo for up to $1.5B, gaining access to amezosvatein, a next-gen shingles vaccine that demonstrated comparable efficacy to the current standard while reducing side effects in Phase 2 trials. LLY is also acquiring LimmaTech Biologics for up to $780M, bringing a bacterial vaccine platform targeting antimicrobial-resistant pathogens. LLY is also acquiring Vaccine Company for up to $1.55B, adding an in vivo nanoparticle tech platform and a Phase 1-ready Epstein-Barr Virus vaccine candidate addressing a pathogen linked to multiple sclerosis and certain cancers.

Related Articles

Research

Research Alert: Zs: Q3 Results Beat On Strong Arr Momentum, Though Guidance Was Mixed

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ZS delivered strong Q3 FY 26 results, with non-GAAP EPS of $1.08 beating consensus by $0.07, while revenue of $850.5M grew 25% Y/Y, exceeding Street expectations by $14.8M. This marks consistent execution, with revenue growth maintaining the 25% level from Q2, demonstrating sustained business momentum across the platform. ARR growth remained solid at 25% Y/Y to $3.525B, with organic growth of 21% excluding the Red Canary acquisition contribution. The sequential improvement in net new ARR and record operating margin expansion to 23% reflect stronger demand and improved execution, in our view. Management raised full-year revenue guidance to $3.3295B-$3.3325B (24.6%-24.7% growth) and non-GAAP EPS guidance to $4.10-$4.11, both above consensus estimates, and benefiting from a reduced tax rate. However, FCF margin guidance was lowered to 22.8%-23.3% from 26.5%-27.0% due to higher capex investments, though we believe continued platform expansion investments position ZS well for sustained long-term growth.

$ZS
Research

Research Alert: Smtc: Beat And Raise; Emerging Optical Play

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:SMTC posted better-than-expected Apr-Q results, with revenue of $291.0M vs. $283.5M consensus, up 6% sequentially and 16% Y/Y. Non-GAAP adjusted operating margin expanded to 20.4% from 19.0% prior year, while adjusted diluted EPS surged 34% to $0.51, beating $0.45 consensus. Strong performance was driven by robust demand across the semiconductor portfolio, particularly within the Signal Integrity segment which generated $102.0M (+39% Y/Y) with 62.7% gross margin, benefiting from data center demand for next-generation optical interconnect technologies. Jul-Q guidance exceeded expectations, seeing revenue of $328.0M and adjusted diluted EPS of $0.61, representing approximately 13% sequential revenue growth and continued margin expansion to 21.9% adjusted operating margin, vs. consensus $301M/$0.51. We see upside as FiberEdge and CopperEdge 1.6T revenues will layer onto the existing growth base, with SMTC expecting data center growth to accelerate throughout the year.

$SMTC
Research

Research Alert: CFRA Maintains Hold Opinion On Shares Of Autozone Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month price target to $3,200 from $3,800, based on a FY 27 (Aug.) P/E of 18.1x, in line with AZO's 10-year average forward P/E multiple. We raise our EPS estimates to $151.00 from $149.40 for FY 26 and to $177.20 from $176.60 for FY 27. Following AZO's earnings release, we raise our estimates but maintain a Hold opinion on the shares. While AZO's bottom-line results were ahead of consensus, shares sold off sharply on concerns related to slowing same-store sales growth and the ongoing negative impact of LIFO charges on margins. In our view, AZO's valuation continues to screen as fair and the stock's risk/reward appears balanced, limiting upside potential over the next 12 months. However, AZO's combination of new store openings (now expected at 355-365 new stores in FY 26, up from 304 in FY 25), share count-reducing buybacks, international/commercial growth potential, and secular tailwinds of the auto aftermarket should continue to drive growth longer term.

$AZO