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Fly News Breaks for June 1, 2015
ANTM, HUM, ESRX
Jun 1, 2015 | 08:48 EDT
Cowen believes one of the possible bidders for Humana (HUM) could be Anthem (ANTM), which if true could cause issues for Express Scripts (ESRX). The firm feels if Anthem is successful it increases the likelihood of them taking the pharmacy benefit management business in-house and allowing Humana's contract with Express Scripts to expire in 2019. Cowen reiterated its Market Perform rating and $86 price target on Express Scripts shares.
News For ESRX;HUM;ANTM From the Last 2 Days
