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Fly News Breaks for January 8, 2020
CNC, WCG
Jan 8, 2020 | 07:36 EDT
Credit Suisse analyst A.J. Rice raised his price target for WellCare (WCG) to $337 from $307 as he rolls forward his 15-times standalone target price multiple from 2020 to 2021. His valuation also assumes a 95% probability the Centene (CNC)/WellCare deal is closed. The analyst has a Neutral rating on WellCare's stock.
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