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Fly News Breaks for September 9, 2019
CNC, WCG
Sep 9, 2019 | 06:15 EDT
Stephens analyst Scott Fidel downgraded WellCare Health Plans (WCG) to Equal Weight from Overweight and lowered his price target for the shares to $317 from $330. The analyst sees limited incremental opportunity to capture value from the pending takeover by Centene (CNC). He still expects the deal to close in the first half of 2020.
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