Cowen Downgrades Catamaran (CTRX) to Market Perform

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Mizuho Securities Downgrades Catamaran (CTRX) to Neutral Amid Takeover

April 1, 2015 8:54 AM EDT

Mizuho Securities downgraded Catamaran (NASDAQ: CTRX) from Outperform to Neutral amid takeover deal.

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 $59.54 yesterday.

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Leerink Partners Downgrades Catamaran (CTRX) to Market Perform Amid Takeover

April 1, 2015 8:32 AM EDT

Leerink Partners downgraded Catamaran (NASDAQ: CTRX) from Outperform to Market Perform on the takeover deal.

"We believe the offer price of $61.50 per share is fair, and we believe Optum, the Health Services platform of UNH, is the best strategic fit for Catamaran... More

RBC Capital Downgrades Catamaran (CTRX) to Sector Perform

March 31, 2015 7:38 AM EDT

RBC Capital downgraded Catamaran (NASDAQ: CTRX) from Outperform to Sector Perform.

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 $59.83 yesterday.

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William Blair Downgrades Catamaran (CTRX) to Market Perform

March 31, 2015 7:38 AM EDT

William Blair downgraded Catamaran (NASDAQ: CTRX) from Outperform to Market Perform.

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 $59.83 yesterday.

... More

SunTrust Downgrades Catamaran (CTRX) to Neutral

March 31, 2015 7:36 AM EDT

SunTrust Robinson Humphrey downgraded Catamaran (NASDAQ: CTRX) from Buy to Neutral.

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 $59.83 yesterday.

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Optum (UHS)/Catamaran (CTRX) Has Widespread Impications for the PBM Group (CVS) (ESRX) (WBA), Evercore ISI Says

March 30, 2015 7:59 AM EDT

Evercore ISI analyst Michael Cherny weighed in on what the Optum (NYSE: UHS) and Catamaran (NASDAQ: CTRX) deal means for the sector, saying among other things it could force a Walgreen Boots Alliance (NASDAQ: WBA)/ Express Scripts (NASDAQ: ESRX) deal.

For UHS, "the merger... More

OptumRx to Acquire Catamaran (CTRX) for $61.50/Share (UNH)

March 30, 2015 6:17 AM EDT

OptumRx and Catamaran Corporation (Nasdaq: CTRX) announced that they have agreed to combine. OptumRx is UnitedHealth Groups (NYSE: UNH) free-standing pharmacy care services business.

The agreement calls for the acquisition of Catamarans outstanding common stock for $61.50 per share in cash. The transaction is expected to close during the fourth quarter of 2015, subject to Catamaran shareholders approval, regulatory approvals and other customary closing conditions. The combination diversifies OptumRxs customer and business mix, while accelerating its technology leadership and flexible service offerings.

The acquisition is... More