Wall Street sets Eli Lilly stock price for the next 12 months

The ongoing earnings season has been filled with surprises in both directions. Some notable examples are Advanced Micro Devices (NASDAQ: AMD), which severely disappointed investors, and Garmin (NYSE: GRMN), which proved a surprise blockbuster.Eli Lilly (NYSE: LLY), one of the U.S.’ foremost pharmaceutical giants, fell on the weaker side of the spectrum on October 30 when it revealed its earnings per share (EPS) came in at $1.18 – significantly below the $1.47 expected – and revenue was about $1 billion belo ...