Deutsche Bank Downgrades AMERIGROUP (AGP) to Hold; In-line with Acquisition
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Price: $91.70 --0%
Rating Summary:
3 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Deutsche Bank downgraded AMERIGROUP (NYSE: AGP) from Buy to Hold with a price target of $92.00 (from $83.00).
Deutsche analyst said, "...the company has agreed to be acquired by WellPoint (NYSE: WLP)(Buy) for $92 per share. We are moving our rating to Hold with the stock now trading within 3% of the deal valuation."
For an analyst ratings summary and ratings history on AMERIGROUP click here. For more ratings news on AMERIGROUP click here.
Shares of AMERIGROUP closed at $89.45 yesterday.
Deutsche analyst said, "...the company has agreed to be acquired by WellPoint (NYSE: WLP)(Buy) for $92 per share. We are moving our rating to Hold with the stock now trading within 3% of the deal valuation."
For an analyst ratings summary and ratings history on AMERIGROUP click here. For more ratings news on AMERIGROUP click here.
Shares of AMERIGROUP closed at $89.45 yesterday.
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