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Eli Lilly Shares Hit Record High, Market Cap Tops Berkshire Hathaway

Eli Lilly shares reached a record high in midday trading Tuesday, lifting its market capitalization above Berkshire Hathaway’s. Goldman Sachs raised its price target ahead of Eli Lilly’s third-quarter earnings report.

LLY

Eli Lilly and Company (LLY) shares climbed to a record high in midday trade on Tuesday, pushing its market capitalization above Berkshire Hathaway’s (BRK.B) after Goldman Sachs raised its price target ahead of the drugmaker’s third-quarter earnings report.The company’s valuation rose to approximate…