Goldman Sachs Cuts Estimates and Price Target on AMERIGROUP (AGP)
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Price: $91.70 --0%
Rating Summary:
3 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
3 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs cut estimates and its price target on AMERIGROUP (NYSE: AGP) from $51 to $47 following Friday's analyst day with management describing 'normalization' in outpatient utilization trend across its markets coupled with low or negative state rate. The firm maintained their Sell rating.
The firm cut 2011-2013 earnings estimates to $3.85/$4.30/$4.80 from prior $4.25/$4.65/$5.30.
For more ratings news on AMERIGROUP click here and for the rating history of AMERIGROUP click here.
Shares of AMERIGROUP closed at $44.83 yesterday.
The firm cut 2011-2013 earnings estimates to $3.85/$4.30/$4.80 from prior $4.25/$4.65/$5.30.
For more ratings news on AMERIGROUP click here and for the rating history of AMERIGROUP click here.
Shares of AMERIGROUP closed at $44.83 yesterday.
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