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Fly News Breaks for November 14, 2016
CNC
Nov 14, 2016 | 07:11 EDT
As noted earlier, Bernstein upgraded Centene to Outperform from Market Perform. Bernstein analyst Lance Wilkes upgraded the stock based on valuation, as he believes that the downturn in the name since Trump's victory has been overdone. The analyst says that the elimination of Medicaid expansion would only reduce the company's revenues by 9%. Target to $69 from $77.
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