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Fly News Breaks for April 25, 2017
ANTM, ESRX
Apr 25, 2017 | 14:36 EDT
Cowen analyst Charles Rhyee said he's more confident in the achievability of Express Scripts' (ESRX) long-term EBITDA and adjusted EPS growth targets following the company's earnings call and he believes the stock has reached an attractive entry point following the Anthem (ANTM) contract driven pullback. While some have expressed concerns that Express Scripts could lose customers as a result of the loss of Anthem, he sees those worries as largely unfounded, he tells investors. Rhyee said he would be a buyer of Express Scripts shares, on which he has an Outperform rating and $83 price target.
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