Leerink Partners Raises Price target on Magellan Health (MGLN) Following 3Q and Guidance
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Magellan Health Provides 2017 Financial Guidance
November 22, 2016 6:30 AM ESTSCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Magellan Health, Inc. (NASDAQ: MGLN) today announced that in 2017, it expects to generate net revenue in the range of $5.8 billion to $6.1 billion, and net income in the range of $90 million to $114 million, which translates into diluted earnings per share (EPS) in the range of $3.80 to $4.81. Adjusted net... More
Magellan Health to Acquire Veridicus Holdings, LLC
November 21, 2016 6:30 AM ESTSCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Magellan Health, Inc. (NASDAQ: MGLN) today announced that it has entered into an agreement to acquire Veridicus Holdings, LLC, a privately held pharmacy benefit management (PBM) organization with a unique set of clinical services and capabilities. Veridicus differentiated approach to pharmacy management leverages proprietary analytics and clinical software that integrates pharmacy, medical and... More
