Express Scripts (ESRX) Reports In-Line Q2 EPS; Boosts FY16 EPS Outlook
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Jefferies Cuts Price Target on Express Scripts (ESRX) to $88 Following 2Q Report
July 26, 2016 9:22 AM EDTJefferies maintained a Buy rating on Express Scripts (NASDAQ: ESRX), and cut the price target to $88.00 (from $98.00), following the company's 2Q earnings report. ESRX's volumes were slightly below expectations at 315MM, but in-line results should offset this 1% shortfall.
Analyst Brian Tanquilut commented,... More
FBR Capital Remains Sidelined on Express Scripts (ESRX) Following 2Q Report
July 26, 2016 6:54 AM EDTFBR Capital reiterated a Market Perform rating and $75.00 price target on Express Scripts (NASDAQ: ESRX) following the company's 2Q earnings report. ESRX reported revenue of $25.3 billion, slightly below consensus estimates of $25.4 billion. Adjusted EPS grew 9.3% to $1.57.
Analyst Steven Halper commented, "After the close on July 25, Express... More
Express Scripts (ESRX) weekly volatility increases into Q2 and outlook
July 25, 2016 2:38 PM EDTExpress Scripts (NASDAQ: ESRX) July weekly call option implied volatility is at 38, August is at 23, September is at 20; compared its 52-week range of 18 to 46 into the expected release of Q2 results on July 26.
... More