WellPoint (NYSE:WLP) reaffirmed its 2011 adjusted EPS outlook Tuesday of $6.90 – $7.00, vs. consensus estimates of $7.06 while speaking to analysts.The company reports earnings on January 25th and will provide an outlook for 2012 then.The stock is up 7.4% year-to-date, while the S&P Managed Health Care Index is up 23%.WellPoint (NYSE:WLP) has potential upside of 20.4% based on a current price of $71.18 and an average consensus analyst price target of $85.67.