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Fly News Breaks for December 23, 2015
ANTM, ESRX
Dec 23, 2015 | 07:42 EDT
Leerink analyst David Larsen believes Express Scripts (ESRX) management will need to provide more visibility around the Anthem (ANTM) contract in order for the stock to move higher. The company's relationship with Anthem and the potential earnings impact of the contract on both 2016 and 2017 results remains an overhang, Larsen tells investors in a research note. He views Express Scripts' 2016 guidance as a positive, however, and keeps an Outperform rating on the name with a $95 price target.
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