Jefferies Reiterates a 'Buy' on Catamaran (CTRX); Compelling Opportunity

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Jefferies reiterates a 'Buy' on Catamaran (NASDAQ: CTRX) price target of $117.00 (from $110.00).

Analyst, Brian Tanquilut, said, "The recent pullback in recently-renamed Catamaran Corp. (formerly SXC Health) has opened up a compelling opportunity to build positions in the stock of a company that is poised to sustain its robust growth trajectory (30%+ EPS growth for at least the next three years) and likely upside current Street expectations."

FY13 EPS estimate raised from $3.00 to $3.54.

For an analyst ratings summary and ratings history on Catamaran click here. For more ratings news on Catamaran click here.

Shares of Catamaran closed at $93.03 yesterday, with a 52 week range of $92.68-$94.97.

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