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Fly News Breaks for November 5, 2015
WCG
Nov 5, 2015 | 08:53 EDT
Susquehanna said the weakness in WellCare after announcing a premium deficiency reserve related to the Iowa Medicaid contract is a buying opportunity. The firm feels if the Iowa contract contained a defined rate increase the reserve would have been a lot smaller and may not have been necessary at all. Susquehanna reiterated its Positive rating and $107 price target on WellCare shares.
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