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Fly News Breaks for September 17, 2018
WCG
Sep 17, 2018 | 07:19 EDT
Cantor Fitzgerald analyst Steven Halper raised his price target for WellCare Health Plans to $330 after incorporating the recently closed acquisition of Meridian into his 2018 estimates. The analyst now assumes high single-digit revenue growth and thinks the company's margin expansion "is quite achievable" for the near-to-mid-term. He keeps an Overweight rating on WellCare.
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