Goldman Sachs Raises Target on Aetna (AET) to $61, Says Great Time To Buy the Stock
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Price: $212.70 --0%
Rating Summary:
10 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
10 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs lifted estimates and its price target on Buy-rated Aetna (NYSE: AET) from $59 to $61 today following Q2 results.
The firm raised 2011 EPS from $4.50 to $4.70, raised 2012 EPS from $5.10 to $5.20 and 2013 from $5.75 to $5.80.
Commenting on the stock, Goldman's analyst said "we think this is a great entry point for the stock" at just 8x 2012 EPS.
For more ratings news on Aetna click here and for the rating history of Aetna click here.
Shares of Aetna closed at $41.72 yesterday.
The firm raised 2011 EPS from $4.50 to $4.70, raised 2012 EPS from $5.10 to $5.20 and 2013 from $5.75 to $5.80.
Commenting on the stock, Goldman's analyst said "we think this is a great entry point for the stock" at just 8x 2012 EPS.
For more ratings news on Aetna click here and for the rating history of Aetna click here.
Shares of Aetna closed at $41.72 yesterday.
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