Jefferies Maintains a 'Buy' on WellPoint (WLP); 2012 Tailwinds Tell The Story

October 27, 2011 7:19 AM EDT
Get Alerts WLP Hot Sheet
Price: $128.71 --0%

Rating Summary:
    6 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Jefferies maintains a 'Buy' on WellPoint (NYSE: WLP) price target raised from $83 to $86.

Jefferies analyst says, "WLP's solid 3Q was important, but management's positive 2012 comments were the happy ending to this story. We see WLP's outlook that key "tailwinds exceed headwinds," and raise that "bid" to estimated net tailwinds of $0.45-0.70. We have increased confidence in our strong EPS growth estimate for next year."

For more ratings news on WellPoint click here and for the rating history of WellPoint click here.

Shares of WellPoint closed at $69.58 yesterday.


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