Argus Downgrades Catamaran (CTRX) to Hold Following Recent Takeover Deal
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Go back to Argus Downgrades Catamaran (CTRX) to Hold Following Recent Takeover Deal
April 7, 2015 8:31 AM EDT
Raymond James 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 $59.24 yesterday.
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April 7, 2015 6:39 AM EDT
Jefferies downgraded Catamaran (NASDAQ: CTRX) from Buy to Hold with a price target of $61.50 (from $58.00).
The firm said they believe competing bids to UNH/OptumRx's all-cash takeout offer for the company are unlikely to emerge at this point.
For an analyst... More
April 6, 2015 10:46 AM EDT
In a research note Monday, analyst David Larsen of Leerink discussed implications of UnitedHealth Group's (NYSE: UNH) agreement to acquire Catamaran Corporation (Nasdaq: CTRX). In his view, there is now a better than 50% chance that Walgreen Boots Alliance (NASDAQ: WBA) will seek to acquire Rite Aid (NYSE: RAD). He also thinks Anthem (NYSE: ANTM) will renew with Express Scripts (NASDAQ:... More
