WellCare of Nebraska Offers Unique Programs for Nebraska Families and Children to Get and Stay Healthy

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. SAP
6. CSX
7. LRCX
8. LVS
9. SPCX
10. SPY

Go back to WellCare of Nebraska Offers Unique Programs for Nebraska Families and Children to Get and Stay Healthy

Leerink Partners Raises Price Target on WellCare Health Plans (WCG) Following 3Q Beat

November 15, 2016 9:13 AM EST

Leerink Partners reiterated an Outperform rating on WellCare Health Plans (NYSE: WCG), and raised the price target to $135.00 (from $115.00), following the company's 3Q earnings report. Adjusted EPS of $1.63 handily beat consensus of $1.11. Revenue of $3.58B modestly beat consensus of $3.52B. The beat was driven primarily by meaningful outperformance in Medicare Advantage and Medicare Part D MLRs offset by a miss in the Medicaid MLR.

Analyst Ana Gupte commented, "We maintain our OP rating on WCG as the mid-singledigit exposure to Obamacare should be offset by a more benign MA... More