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Fly News Breaks for January 23, 2018
WCG
Jan 23, 2018 | 08:17 EDT
Cowen analyst Christine Arnold said WellCare could be a significant beneficiary from the tax reform bill given it is a growth health plan focused exclusively on government business. She believes Medicaid and Medicare Advantage are likely the biggest near-term winners and that tax reform will provide several opportunities to accelerate its growth trajectory. Arnold reiterated her Outperform rating on WellCare shares and raised her target on the stock to $250.
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