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Fly News Breaks for June 3, 2015
WCG
Jun 3, 2015 | 08:20 EDT
Susquehanna lowered its estimates on WellCare following its notes offering despite the company reaffirming its full year guidance. The firm believes its affirmation suggests that either core business is tracking better than expected or that a near-term use of proceeds will offset the dilution. Susquehanna reiterated its Positive rating and $107 price target on WellCare shares.
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