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Jefferies Raises Price Target on WellCare Health Plans (WCG) to $105 Following 2Q

August 3, 2016 10:33 AM EDT

Jefferies reiterated a Hold rating on WellCare Health Plans (NYSE: WCG), and raised the price target to $105.00 (from $101.00), following the company's 2Q earnings report and conference call. WCG raised EPS guidance 37c at the midpoint to $4.95-5.05.

Analyst David Windley commented, "We... More