Centene (CNC) Tops Q2 EPS by 20c; Updates FY16 Outlook
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Jefferies Cuts Price Target on Centene (CNC) to $82 Following 2Q EPS Beat
July 27, 2016 8:25 AM EDTJefferies maintained a Buy rating on Centene (NYSE: CNC), and cut the price target to $82.00 (from $89.00), following the company's 2Q earnings report. Adjusted EPS of $1.29 was $0.20 above consensus and included 19c of Exchange true-ups.
Analyst David Windley commented, "The PDR and reserve... More
FBR Capital Reiterates Outperform on Centene (CNC) Following 2Q Beat and Raise
July 26, 2016 1:14 PM EDTFBR Capital reiterated an Outperform rating and $90.00 price target on Centene (NYSE: CNC) following the company's 2Q earnings report. Revenue was slightly ahead of the consensus of $10.8 billion. Adjusted EPS came in at $1.29, versus the consensus of $1.09. The company raised its full-year 2016 EPS guidance from $4.00$4.35 to $4.20 $4.55.
Analyst Steven Halper... More
