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Tuesday 7 July 2015
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Investor’s Alert - National Bank of Greece, (NYSE:NBG), Eli Lilly and Company, (NYSE:LLY)

On Friday, Shares of National Bank of Greece S.A. (NYSE:NBG), lost -2.29% to $1.28, regardless of financial stocks, that were moderately higher Friday with the NYSE Financial Sector Index climbing 0.3% and the S&P Financial 100 Index adding 0.5%.

National Bank of Greece S.A., together with its auxiliaries, provides diversified financial services. The company is involved in retail and commercial banking, asset administration, investment banking, brokerage, and insurance activities.

Shares of Eli Lilly and Company (NYSE:LLY), inclined 1.24% to $85.85, during its last trading session, after the pharmaceutical company had its price target raised to $92 from $77 by analysts at Leerink.

The firm issued a higher price target after after evaluating two drugs, evacetrapib for cholesterol and solanezumab for Alzheimer’s.

Leerink said its new target assumes a 50% chance of success for evacetrapib and a 20% to 30% probability of success for solanezumab.

With a clear success of either one of the two drugs, analysts expect Lilly shares to trade as high as $98 per share.

Eli Lilly and Company discovers, develops, manufactures, and sells pharmaceutical products worldwide. It operates in two segments, Human Pharmaceutical Products and Animal Health products. The company offers endocrinology products to treat diabetes; osteoporosis in postmenopausal women and men; human growth hormone deficiency and pediatric growth conditions; and testosterone deficiency.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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