Universal American (UAM) Misses Q2 EPS by 5c

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Universal American (UAM): Wedbush Warming to Stock, Sees Potential for Large Special Dividend

July 30, 2014 11:24 AM EDT

Wedbush maintained a Neutral rating on Universal American Corp (NYSE: UAM) with modified price target of $9.00 (from $8.00). Analyst Sarah James noted encouraging signs and sees potential for a large special dividend in the second half of the year.

"We see the potential for a large special dividend in 2H14. Special dividends have been a big part of the UAM bull thesis as well as managements capital... More