FBR Capital Maintains an 'Outperform' on Catalyst Health Solutions (CHSI); New Guidance Shows Typical Conservative Stance
Tweet
Share
E-mailGet Alerts CHSI Hot Sheet
Price: $92.00 --0%
Rating Summary:
3 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
3 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Join SI Premium – FREE
FBR Capital maintains an 'Outperform' on Catalyst Health Solutions (NASDAQ: CHSI), PT lowered by $2 to $66.
FBR analyst says, "The downward move in price target is a function of a $0.06 reduction to our 2012 EPS projection. Catalyst management is expecting to spend the next 18 months integrating its WHI acquisition, which is the company’s biggest transaction to date. Catalyst is nearing the end of its integration of FutureScripts and after taking some time to digest that acquisition, we expect the company to return to swim in the M&A waters. In the end, the WHI transaction should be incrementally beneficial for the company’s future contracting and once Catalyst gets its operations onto a single IT platform, we expect the company to reap the full benefit of its projected cost synergies."
For more ratings news on Catalyst Health Solutions click here and for the rating history of Catalyst Health Solutions click here.
Shares of Catalyst Health Solutions closed at $57.89 yesterday.
FBR analyst says, "The downward move in price target is a function of a $0.06 reduction to our 2012 EPS projection. Catalyst management is expecting to spend the next 18 months integrating its WHI acquisition, which is the company’s biggest transaction to date. Catalyst is nearing the end of its integration of FutureScripts and after taking some time to digest that acquisition, we expect the company to return to swim in the M&A waters. In the end, the WHI transaction should be incrementally beneficial for the company’s future contracting and once Catalyst gets its operations onto a single IT platform, we expect the company to reap the full benefit of its projected cost synergies."
For more ratings news on Catalyst Health Solutions click here and for the rating history of Catalyst Health Solutions click here.
Shares of Catalyst Health Solutions closed at $57.89 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Canaccord Downgrades York Space Systems (YSS) to Hold, 'Supply chain and contract timing uncertainty'
- EyePoint Inc. (EYPT) PT Lowered to $8 at Jefferies
- BWS Financial Downgrades Inter Parfums (IPAR) to Sell
Create E-mail Alert Related Categories
Analyst CommentsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
