Jefferies Reiterates a 'Buy' on Catamaran (CTRX); Compelling Opportunity

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July 13, 2012 8:35 AM EDT
Get Alerts CTRX Hot Sheet
Price: $61.47 --0%

Rating Summary:
    4 Buy, 18 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Jefferies reiterates a 'Buy' on Catamaran (NASDAQ: CTRX) price target of $117.00 (from $110.00).

Analyst, Brian Tanquilut, said, "The recent pullback in recently-renamed Catamaran Corp. (formerly SXC Health) has opened up a compelling opportunity to build positions in the stock of a company that is poised to sustain its robust growth trajectory (30%+ EPS growth for at least the next three years) and likely upside current Street expectations."

FY13 EPS estimate raised from $3.00 to $3.54.

For an analyst ratings summary and ratings history on Catamaran click here. For more ratings news on Catamaran click here.

Shares of Catamaran closed at $93.03 yesterday.

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