Jefferies Starts Centene (CNC) at Buy
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Price: $67.47 +2.17%
Rating Summary:
19 Buy, 16 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
19 Buy, 16 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Centene (NYSE: CNC) with a Buy. PT $60.00.
The firm comments, "CNC has won more Medicaid RFPs than any of its peers and is poised for 40%+ revenue growth this year. Our detailed analysis shows CNC's footprint positions it to win more RFPs, and can capture its fair share of the Dual Eligibles and Medicaid expansion (if that comes)."
For an analyst ratings summary and ratings history on Centene click here. For more ratings news on Centene click here.
Shares of Centene closed at $47.45 yesterday.
The firm comments, "CNC has won more Medicaid RFPs than any of its peers and is poised for 40%+ revenue growth this year. Our detailed analysis shows CNC's footprint positions it to win more RFPs, and can capture its fair share of the Dual Eligibles and Medicaid expansion (if that comes)."
For an analyst ratings summary and ratings history on Centene click here. For more ratings news on Centene click here.
Shares of Centene closed at $47.45 yesterday.
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