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Fly News Breaks for March 16, 2018
WCG
Mar 16, 2018 | 06:31 EDT
As previously reported, BofA/Merrill upgraded WellCare to Buy from Neutral and raised its price target to $240 from $236. Analyst Kevin Fischbeck views valuation as an attractive entry point and believes the company has a strong growth trajectory with further upside from margin expansion in both the Medicare and Medicaid businesses and potential M&A that can supplement growth.
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