WellCare Health Plans (WCG) Tops Q3 EPS by 217c, Beats on Revenues; Boosts FY17 EPS Guidance Above Consensus

Go back to WellCare Health Plans (WCG) Tops Q3 EPS by 217c, Beats on Revenues; Boosts FY17 EPS Guidance Above Consensus

WellCare Health Plans (WCG) PT Raised to $212 at Morgan Stanley

November 2, 2017 9:10 AM EDT

Morgan Stanley raised its price target on WellCare Health Plans (NYSE: WCG) to $212.00 (from $184.00) while maintaining a Equalweight rating.

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WellCare Health Plans (WCG) PT Raised to $214 at Piper Jaffray

November 1, 2017 9:11 AM EDT

Piper Jaffray raised its price target on WellCare Health Plans (NYSE: WCG) to $214.00 (from $199.00) while maintaining a Overweight rating. Shares of WCG went up 5% at the open post a large beat & raise, then back to +3% while concern lingered over the IL PDR... More

WellCare Health Plans (WCG) PT Raised to $210 at Jefferies Following 3Q

November 1, 2017 8:29 AM EDT

Jefferies raised its price target on WellCare Health Plans (NYSE: WCG) to $210.00 (from $190.00) while maintaining a Hold rating following the company's 3Q earnings report. Results include 40c of a favorable retro FL Medicaid premium (related to pre-May 2016), 16c of ACO outperformance, and 53c of tax... More

CVS deal for Aetna could help retailer face Amazon entry: analysts

October 27, 2017 9:47 AM EDT

By Ankur Banerjee

(Reuters) - U.S. pharmacy operator CVS Health Corp's (NYSE: CVS) move to buy health insurer Aetna Inc (NYSE: AET) could shore-up CVS' vulnerable pharmacy business and spur another round of dealmaking in an industry fearing Amazon's arrival, analysts said.

Shares of Aetna, the third-largest U.S. health insurer, closed down 3 percent on Friday after closing 12 percent higher on Thursday on reports of the deal. CVS Health was down 5.9 percent.

CVS Health has made an offer to acquire... More