Catamaran (CTRX) CIGNA Deal a Major 'Win' - Jefferies
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CIGNA's (CI) Catamaran Deal 'Pulled No Unforeseen Punches' - Jefferies
June 11, 2013 7:53 AM EDTJefferies 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 EDTRaymond 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 EDTCIBC 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 EDTCigna 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
