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Fly News Breaks for July 6, 2015
HNT, CNC
Jul 6, 2015 | 07:04 EDT
After Centene (CNC) agreed to acquire Health Net (HNT), Cantor says that the combined company is an attractive platform for leveraging Centene's success in Medicaid and complex care into new products and new markets. The firm adds that the deal provides Centene with substantial synergies, as well as increased geographic and revenue diversification. Cantor keeps an $85 price target and Buy rating on Centene.
News For CNC;HNT From the Last 2 Days
CNC
Apr 26, 2024 | 06:05 EDT
CNC
Apr 26, 2024 | 06:02 EDT
Reports Q1 revenue $40.41B, consensus $36.54B. "Centene's first quarter results demonstrate the strength of our diversified platform. We are pleased to raise full year 2024 guidance as we look to maximize the positive momentum being generated by our core businesses. We are executing against our strategic plans for growth and increasing access to affordable, high-quality healthcare for our members and the communities we serve," said Chief Executive Officer of Centene, Sarah M. London.
