|
|
Get Four
| OCTOBER 23, 2003
WORD ON THE STREET AG Edwards Upgrades Lilly to 'Buy' Analyst Albert Rauch says the drugmaker's new products and pipeline should provide strong earnings growth in 2004 and beyond AG Edwards upgraded Eli Lilly to buy from hold. Analyst Albert Rauch says the drugmaker's results are in line with estimates. He says Lilly has a portfolio of new drugs, and a pipeline of evolving products. These include Forteo (for severe osteoporosis), Cymbalta (for depression), Strattera (for attention deficit hyperactivity disorder), Cialis (for erectile dysfunction), intramuscular Zyprexa (for schizophrenia), and Symbyax (for bipolar depression). He notes introduction of these products should provide Lilly with strong earnings growth in 2004 and beyond. Rauch sees $2.58 2003 earnings per share, $3.05 for 2004, and $3.57 in 2005. All of the views expressed in this research report accurately reflect the research analyst's personal views regarding any and all of the subject securities or issuers. No part of analyst compensation was, is or will be, directly or indirectly related to the specific recommendations or views expressed in this research report. Standard & Poor's Regulatory Disclosure Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of Standard & Poor's, which operates separately from and independently of BusinessWeek Online. It is possible that BWOL may from time to time publish information that is not consistent with advice, analysis, or recommendations that are published by Standard & Poor's. Standard & Poor's and BusinessWeek Online are each units of The McGraw-Hill Companies, Inc.
BW MALL
SPONSORED LINKS
Get BusinessWeek directly on your desktop with our RSS feeds.
Buy a link now!![]() Add BusinessWeek news to your Web site with our headline feed. Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video. To subscribe online to BusinessWeek magazine, please click here. Learn more, go to the BusinessWeekOnline home page | | |