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Fly News Breaks for December 13, 2018
WCG
Dec 13, 2018 | 17:09 EDT
Goldman Sachs analyst Stephen Tanal added Buy-rated WellCare (WCG) to his firm's Conviction List. "Shifting market sentiment" has created an attractive entry point, Tanal tells investors in a research note. He believes rising 2019 consensus estimates have created a dislocation with WellCare's falling share price. A "variety of catalysts that could drive significant upside" in the stock, says Tanal. The analyst maintains a 12-month price target of $323 for WellCare shares.
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