Catamaran (CTRX) CIGNA Deal a Major 'Win' - Jefferies

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Go back to Catamaran (CTRX) CIGNA Deal a Major 'Win' - Jefferies

CIGNA's (CI) Catamaran Deal 'Pulled No Unforeseen Punches' - Jefferies

June 11, 2013 7:53 AM EDT

Jefferies said CIGNA (NYSE: CI) PBM partnership agreement with Catamaran (NASDAQ: CTRX) follows an expected path after Aetna/CVS arrangement.

Analyst David Windley comments, "CI's PBM partnership agreement with Catamaran, akin to the Aetna/CVS arrangement, pulled no... More

Raymond James Upgrades Catamaran (CTRX) to Outperform

June 11, 2013 7:51 AM EDT

Raymond James upgraded Catamaran (NASDAQ: CTRX) from Market Perform to Outperform with a price target of $62.00.

For an analyst ratings summary and ratings history on Catamaran click here. For more ratings news on Catamaran click here.

Shares of Catamaran closed at $48.66 yesterday, with a 52 week range of $45.43-$100.84.... More

CIBC Upgrades Catamaran (CTRX) to Sector Outperform

June 11, 2013 7:03 AM EDT

CIBC upgraded Catamaran (NASDAQ: CTRX) from Sector Perform to Sector Outperform with a price target of $63.75 (from $61.51).

For an analyst ratings summary and ratings history on Catamaran click here. For more ratings news on Catamaran click here.

Shares of Catamaran closed at $48.66 yesterday, with a 52 week range of $45.43-$100.84.... More

UPDATE: Deal With Cigna (CI) Does More than Remove Overhang; UBS Upgrades Catamaran (CTRX) to Buy

June 11, 2013 7:01 AM EDT

(Updated - June 11, 2013 8:42 AM EDT)

UBS upgraded Catamaran (NASDAQ: CTRX) from Neutral to Buy with a price target of $68 (from $59). Yesterday it was learned that Cigna Corp (NYSE: CI) announced a ten-year strategic PBM partnering agreement with Catamaran... More

Cigna (CI) Enters 10-Year PBM Agreement with Catamaran (CTRX)

June 10, 2013 4:19 PM EDT

Cigna Corp (NYSE: CI) announced it will build on its pharmacy benefits business by entering into a ten-year strategic PBM partnering agreement with Catamaran (Nasdaq: CTRX) which combines the customer focus and clinical excellence of Cigna's pharmacy team with the capabilities of Catamaran, and the combined purchasing scale of the two companies.

Cigna will continue to offer fully integrated management of medical and pharmacy benefits consistent with its business strategy. These two market leading organizations will partner on sourcing,... More