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Fly News Breaks for April 4, 2016
ANTM, ESRX
Apr 4, 2016 | 07:15 EDT
As reported previously, Cowen upgraded Express Scripts (ESRX) to Outperform from Market Perform. The firm believes the shares already reflect the loss of Anthem (ANTM) and expects a modest impact to the 2017 selling season from the ongoing contract dispute. Going forward, they see little risk of deleveraging. Cowen raised its price target to $80 from $76 on Express Scripts shares.
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