WellCare Health Plans (WCG) Misses Q2 EPS by 97c

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Go back to WellCare Health Plans (WCG) Misses Q2 EPS by 97c

Goldman Sachs Upgrades WellCare Health Plans (WCG) to Buy

July 28, 2014 8:20 AM EDT

Goldman Sachs upgraded WellCare Health Plans (NYSE: WCG) from Neutral to Buy with a price target of $80.00. Analyst Matthew Borsch sees earnings recovery potential and asset value.

"We have added WCG to the Americas Buy List and see 30% potential upside driven by earnings recovery and/or an acquisition of the company given WCGs need for improved infrastructure and the consolidation trend in managed... More