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Top Analyst Reports for Eli Lilly, Mitsubishi UFJ & Thermo Fisher

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Wednesday, December 19, 2018

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Eli Lilly and Company (LLY - Free Report) , Mitsubishi UFJ Financial Group, Inc. (MUFG - Free Report) and Thermo Fisher Scientific Inc. (TMO - Free Report) . These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Buy-ranked Eli Lilly’s shares have gained +26.1% year to date, significantly outperforming the Zacks Large Cap Pharmaceuticals industry, which has gained +2.4% over the same period.Lilly’s new products like Trulicity, Taltz, Basaglar, Cyramza, Jardiance, Lartruvo and Verzenio are expected to drive revenues.

The company expects to launch 20 new products by 2023, including at least two new indications/line extensions on average every year. Lilly is also having a strong year in terms of its pipeline with several positive late-stage data readouts and regulatory nods.

The newly launched CGRP antibody, Emgality could emerge as a significant contributor to long-term growth. It has also added promising new assets through business development deals. The stock has also outperformed the industry this year so far. 

(You can read the full research report on Eli Lilly here >>>).

Shares of Mitsubishi UFJ Financial have declined 12% in the last six months, underperforming the Zacks Foreign Banks industry which has declined 9.6% over the same period.  Strong capital ratios and organic growth are likely to drive the company’s bottom-line growth. Also, the company’s prospects look encouraging, as it focuses on several strategies under its medium-term business plan and global expansion.

Nonetheless, the company's revenues continue to remain under pressure due to the negative interest rates in Japan. Also, rising costs due to strict regulations in overseas business remains a key concern.

(You can read the full research report on Mitsubishi UFJ here >>>).

Shares of Buy-ranked Thermo Fisher have outperformed the Zacks Medical Instruments industry in the past three months (-5% vs. -15.1%).  The company saw strength in all end markets categorized by customer type or geography in the last reported quarter. It particularly registered solid international performance with strong growth in Asia-Pacific including China. Also, a series of product launches with progress in precision medicine initiatives aided its performance.

The company’s recently-closed acquisition of Advanced Bioprocessing business from BD should add complementary cell culture products to Thermo Fisher’s bioproduction offerings. Also, the company’s initiative to buy Gatan to boost electron microscopy suite buoys optimism.

(You can read the full research report on Thermo Fisher here >>>).

Other noteworthy reports we are featuring today include Oracle (ORCL - Free Report) , Automatic Data Processing (ADP - Free Report) and Ecolab (ECL - Free Report) .

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Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

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