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CNC

Centene

$79.02

0.66 (0.84%)

08:25
06/16/17
06/16
08:25
06/16/17
08:25

Centene to host investor day

Investor Day to be held in New York on June 16 at 8:30 am. Webcast Link

  • 16

    Jun

CNC Centene
$79.02

0.66 (0.84%)

06/06/17
MSCO
06/06/17
INITIATION
Target $86
MSCO
Overweight
Centene initiated with an Overweight at Morgan Stanley
Morgan Stanley analyst Zack Sopcak initiated Centene with an Overweight and a $86 price target. The analyst thinks the HealthNet acquisition provides diversification and entry planned expansion in Medicare Advantage could offset potential headwinds.
05/22/17
05/22/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Momenta (MNTA) downgraded to Equal Weight from Overweight at Barclays with analyst Douglas Tsao citing the likelihood of generic manufacturers, most notably Mylan (MYL), winning approval for generic Copaxone in the coming months. He lowered his price target for the shares to $17 from $20. 2. Zoe's Kitchen (ZOES) downgraded to Neutral from Outperform at Baird with analyst David Tarantino saying he believes the near-term risk profile looks elevated amid signs of sluggish comps for similarly positioned chains and an uptrend in input costs. Tarantino lowered his price target to $20 from $25 on Zoe's Kitchen shares. 3. Arista Networks (ANET) downgraded to Neutral from Buy at DA Davidson with analyst Mark Kelleher citing valuation with the shares up 60% since his initiation in January. 4. Synchronoss (SNCR) downgraded to Underperform from Neutral at Credit Suisse with analyst Michael Nemeroff citing AT&T's (T) recent announcement that it will be closing the personal cloud "Locker" storage service offering powered by Synchronoss on August 3. 5. Centene (CNC) downgraded to Neutral from Overweight at JPMorgan with analyst Gary Taylor citing valuation with the shares up 32% since December 2016. The stock reflects very little probability of Senate Medicaid cuts or block grants, Taylor tells investors in a research note. He keeps a $75 price target for the shares. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/22/17
JPMS
05/22/17
DOWNGRADE
Target $75
JPMS
Neutral
Centene downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Gary Taylor downgraded Centene to Neutral citing valuation with the shares up 32% since December 2016. The stock reflects very little probability of Senate Medicaid cuts or block grants, Taylor tells investors in a research note. He keeps a $75 price target for the shares.
05/18/17
WELS
05/18/17
NO CHANGE
WELS
Molina, Centene most at risk from government subsidy cut-off, says Wells Fargo
Wells Fargo notes that the Trump administration has not committed to keep paying ACA subsidies after this month. The firm estimates that if the administration decides not to continue paying the subsidies, Molina could take an EPS charge of up to $5.16, "materially hurting its capital position," while Centene "could take a charge" of $2,32, equivalent to 48% of its EPS. The firm keeps a Market Perform rating on Molina and an Outperform rating on Centene.

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TKTDY

Takata

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TKTDY

Takata

$3.15

1.2199 (63.21%)

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TKTDY

Takata

$3.15

1.2199 (63.21%)

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TKTDY

Takata

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IRDM

Iridium

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TKTDY

Takata

$3.15

1.2199 (63.21%)

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06/25/17
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SEAS

SeaWorld

$15.65

-0.16 (-1.01%)

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FB

Facebook

$155.07

1.67 (1.09%)

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FRO

Frontline

$5.59

0.08 (1.45%)

, GNRT

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$6.12

0.21 (3.55%)

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NSRGY

Nestle

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0.4 (0.47%)

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WMT

Wal-Mart

$74.84

-0.68 (-0.90%)

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GOOG

Alphabet

$965.59

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, GOOGL

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$986.09

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$965.59

8.5 (0.89%)

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  • 26

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NSRGY

Nestle

$84.83

0.4 (0.47%)

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LNG

Cheniere Energy

$47.62

0.34 (0.72%)

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VIA

Viacom

$39.15

0.1 (0.26%)

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Viacom

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DIS

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Comcast

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GSK

GlaxoSmithKline

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BHVN

Biohaven Pharmaceutical

$25.33

-0.13 (-0.51%)

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ESALY

Eisai

$56.42

-0.075 (-0.13%)

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PTNR

Partner Communications

$5.25

0.1123 (2.19%)

14:23
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