Magellan Health (MGLN) Tops Q4 EPS by 12c

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Magellan Health Services (MGLN) PT Lowered to $88 at Jefferies

February 27, 2017 7:56 AM EST

Jefferies lowered its price target on Magellan Health Services (NASDAQ: MGLN) to $88.00 (from $89.00) while maintaining a Buy rating. Management reiterated its 2017 revenue and EBITDA outlook.

Analyst David Styblo commented, "We believe mixed 4Q results and a small EPS guidance reduction (share... More