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AET

Aetna

$190.67

3.17 (1.69%)

, CVS

CVS Health

$68.32

1.07 (1.59%)

15:02
07/12/18
07/12
15:02
07/12/18
15:02

Washington regulator tells Bloomberg has no direct info on Aetna, CVS review

The Washington State insurance regulator tells Bloomberg in an emailed statement that it has no direct information on the DOJ review of the Aetna (AET) and CVS Health (CVS) deal and has not had contact with the DOJ about the review. This follows an earlier Reorg Research report, which cited an official with Washington State Office of the Insurance Commissioner, that said the Department of Justice is not, "at this point," looking to challenge in court CVS Health's planned takeover of the insurer.

AET

Aetna

$190.67

3.17 (1.69%)

CVS

CVS Health

$68.32

1.07 (1.59%)

AET Aetna
$190.67

3.17 (1.69%)

06/28/18
CANT
06/28/18
NO CHANGE
CANT
Amazon deal not to materially impact managed care segment, says Cantor Fitzgerald
Following the announcement that Amazon (AMZN) is acquiring PillPack, Cantor Fitzgerald analyst Steven Halper notes that back in April, CNBC had reported that Walmart (WMT) and Amazon were both looking to acquire the company, with Walmart likely to pay under $1B for PillPack. At this juncture, the analyst is not worried about Amazon's entrance into the prescription market and does not expect a material impact on any of the companies he covers in the managed care segment. Halper reiterates an Overweight rating of Aetna (AET), Anthem (ANTM), Centene (CNC), UnitedHealth (UNH) and Wellcare (WCG). He keeps a Neutral rating on Humana (HUM).
06/29/18
RBCM
06/29/18
NO CHANGE
Target $84
RBCM
Outperform
CVS Health price target lowered to $84 from $91 at RBC Capital
RBC Capital analyst George Hill lowered his price target on CVS Health Corp (CVS) to $84 after Amazon (AMZN) announced its entry into the pharmacy space with the acquisition of PillPack, even though he believes that the "stickiness of payer/pharmacy relationships, decreasing share of mail order, and PillPack's market share" will not cut margins in near to medium term. Hill keeps his Outperform rating on CVS, noting that it is better positioned to continue to grow its EBIT than Walgreens (WBA). The analyst also sees Amazon's entry into drug distribution raising the possibility of DOJ approval of CVS's Aetna (AET) acquisition.
07/09/18
SBSH
07/09/18
UPGRADE
Target $81
SBSH
Buy
CVS Health assumed to Buy from Neutral at Citi
Citi analyst Ralph Giacobbe upgraded CVS Health (CVS) to Buy after assuming coverage of the name. The analyst raised his price target for the shares to $81 from $68. While the execution of an integrated healthcare superstore post the pending Aetna (AET) acquisition may be a long way off, the concept will resonate with employers and individuals, Giacobbe tells investors in a research note. He believes deal integration and competitive Amazon (AMZN) risk are "somewhat overstated particularly in the context of heavily discounted valuation."
07/10/18
PIPR
07/10/18
NO CHANGE
PIPR
Risk adjuster suspension positive for Centene and Molina, says Piper Jaffray
Centers for Medicare & Medicaid Services suspending risk adjusters for the health exchange will likely cost the government and consumers more, but it could be positive for Centene (CNC) and Molina Healthcare (MOH), Piper Jaffray analyst Sarah James tells investors in a research note. Both companies are in a net payable position for 2017 and not having to pay these funds would allow the plans to retain cash, the analyst adds. James also sees a positive read-through for UnitedHealth (UNH), Aetna (AET) and Cigna (CI). The analyst finds it most likely that CMS will seek to adjust the risk adjusters in the end rather than cancel the program, but she adds the agency only has a few weeks for them to sort this out, which she feels is not enough time.
CVS CVS Health
$68.32

1.07 (1.59%)

06/29/18
JEFF
06/29/18
DOWNGRADE
Target $65
JEFF
Hold
Walgreens Boots Alliance downgraded to Hold from Buy at Jefferies
Jefferies analyst Brian Tanquilut downgraded Walgreens Boots Alliance (WBA) to Hold and lowered his price target for the shares to $65 from $85. The stock closed yesterday down 10%, or $6.56, to $59.70. Amazon's (AMZN) acquisition of mail order pharmacy PillPack has "enlarged the overhang" on the retail pharmacy space, Tanquilut tells investors in a research note. The analyst believes the deal could prevent both Walgreens and CVS Health (CVS) from seeing meaningful stock upside near-term. Further, Walgreens' Q3 results, which saw "weak" same-store-sales trends, do not help diffuse the perceived risk that Amazon brings to the company, Tanquilut argues.
06/29/18
MZHO
06/29/18
NO CHANGE
MZHO
CVS, Express Scripts should be bought on recent selloff, says Mizuho
Mizuho analyst Ann Hynes recommends buying shares of CVS Health (CVS) and Express Scripts (ESRX) on weakness related to the announcement Amazon (AMZN) is entering the pharmacy space with its acquisition of PillPack. PillPack is a small mail order pharmacy, similar to the mail order pharmacies embedded in CVS Caremark, Express Scripts and OptumRx, Hynes tells investors in a research note.

TODAY'S FREE FLY STORIES

ASTE

Astec

$38.67

-8.65 (-18.28%)

12:50
10/23/18
10/23
12:50
10/23/18
12:50
Downgrade
Astec rating change  »

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03/08/13
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    Oct

AAL

American Airlines

$31.72

-0.45 (-1.40%)

12:50
10/23/18
10/23
12:50
10/23/18
12:50
Options
10K American Airlines Nov 32 calls bought for $1.25, tied to 400K shares »

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SELB

Selecta Biosciences

$9.80

-3.57 (-26.70%)

12:47
10/23/18
10/23
12:47
10/23/18
12:47
Recommendations
Selecta Biosciences analyst commentary  »

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  • 23

    Oct

SPY

SPDR S&P 500 ETF Trust

$271.39

-3.63 (-1.32%)

, SPX

S&P 500

$0.00

(0.00%)

12:47
10/23/18
10/23
12:47
10/23/18
12:47
Periodicals
Top White House advisor Kudlow says new tax cuts may be delayed, Hill says »

According to the Hill, On…

SPY

SPDR S&P 500 ETF Trust

$271.39

-3.63 (-1.32%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
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ASTE

Astec

$38.42

-8.9 (-18.81%)

12:45
10/23/18
10/23
12:45
10/23/18
12:45
Downgrade
Astec rating change  »

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  • 23

    Oct

12:45
10/23/18
10/23
12:45
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12:45
General news
FX Action: USD-CAD »

FX Action: USD-CAD fell…

KHC

Kraft Heinz

$55.92

-0.3 (-0.53%)

12:41
10/23/18
10/23
12:41
10/23/18
12:41
Periodicals
Kraft Heinz to sell Indian asset portfolio to Zydus, Bloomberg reports »

Kraft Heinz has agreed to…

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  • 28

    Oct

  • 01

    Nov

V

Visa

$137.16

-3.48 (-2.47%)

12:40
10/23/18
10/23
12:40
10/23/18
12:40
Options
Visa calls lead puts 2:1 in heavy option volume as earnings approach »

Visa calls lead puts 2:1…

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    Jan

LH

LabCorp

$166.46

-2.9 (-1.71%)

12:35
10/23/18
10/23
12:35
10/23/18
12:35
Recommendations
LabCorp analyst commentary  »

LabCorp recent selloff…

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  • 24

    Oct

ABX

Barrick Gold

$13.36

0.27 (2.06%)

, GOLD

Randgold

$83.26

1.47 (1.80%)

12:35
10/23/18
10/23
12:35
10/23/18
12:35
Hot Stocks
Barrick Gold says Glass Lewis urges holders vote for merger resolutions »

Barrick Gold Corporation…

ABX

Barrick Gold

$13.36

0.27 (2.06%)

GOLD

Randgold

$83.26

1.47 (1.80%)

03/08/13
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12:35
10/23/18
10/23
12:35
10/23/18
12:35
General news
Treasury 2-year auction preview: the auction should go ok »

Treasury 2-year auction…

HZNP

Horizon Pharma

$18.06

-1.19 (-6.18%)

, SELB

Selecta Biosciences

$9.72

-3.65 (-27.30%)

12:33
10/23/18
10/23
12:33
10/23/18
12:33
Recommendations
Horizon Pharma, Selecta Biosciences analyst commentary  »

Cowen says Horizon…

HZNP

Horizon Pharma

$18.06

-1.19 (-6.18%)

SELB

Selecta Biosciences

$9.72

-3.65 (-27.30%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Oct

  • 23

    Oct

  • 07

    Nov

  • 27

    Nov

CIDM

Cinedigm

$0.94

(0.00%)

12:33
10/23/18
10/23
12:33
10/23/18
12:33
Hot Stocks
Cinedigm in partnership with Chinese streaming channel Youku »

Cinedigm announced a…

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  • 29

    Nov

OC

Owens Corning

$48.25

-0.47 (-0.96%)

12:32
10/23/18
10/23
12:32
10/23/18
12:32
Downgrade
Owens Corning rating change  »

Owens Corning downgraded…

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  • 24

    Oct

FXI

iShares China Large-Cap ETF

$39.47

-1.06 (-2.62%)

12:30
10/23/18
10/23
12:30
10/23/18
12:30
Options
50K iShares Large Cap China Fund Dec 42 - 45 call spreads bought for 48c »

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JNJ

Johnson & Johnson

$138.10

-0.58 (-0.42%)

, ITCI

Intra-Cellular

$16.83

-0.38 (-2.21%)

12:25
10/23/18
10/23
12:25
10/23/18
12:25
Conference/Events
JPMorgan pharma and biotech analysts to hold analyst/industry conference call »

Smid Cap Biotech Analyst…

JNJ

Johnson & Johnson

$138.10

-0.58 (-0.42%)

ITCI

Intra-Cellular

$16.83

-0.38 (-2.21%)

AGN

Allergan

$185.90

-1.85 (-0.99%)

SAGE

Sage Therapeutics

$118.28

0.25 (0.21%)

ALKS

Alkermes

$39.00

0.14 (0.36%)

ACAD

Acadia

$21.76

-0.01 (-0.05%)

03/08/13
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03/06/13
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03/06/13
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  • 23

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  • 28

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  • 01

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  • 06

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    Nov

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    Dec

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    Jan

EDU

New Oriental Education

$52.99

-9.76 (-15.55%)

12:22
10/23/18
10/23
12:22
10/23/18
12:22
Downgrade
New Oriental Education rating change  »

Follow-up: New Oriental…

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  • 23

    Oct

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    Nov

TSLA

Tesla

$279.50

18.47 (7.08%)

12:21
10/23/18
10/23
12:21
10/23/18
12:21
Periodicals
Mox Reports joins Citron in going long Tesla »

Mox Reports tweeted:…

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  • 24

    Oct

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  • 13

    Dec

IQV

Iqvia

$119.62

-6.74 (-5.33%)

12:20
10/23/18
10/23
12:20
10/23/18
12:20
Options
Vote of confidence in IQVIA Holdings after earnings »

Vote of confidence in…

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NXE

NexGen Energy

$1.89

-0.085 (-4.30%)

12:17
10/23/18
10/23
12:17
10/23/18
12:17
Conference/Events
NexGen Energy management to meet with RBC Capital »

Meeting to be held in…

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  • 29

    Oct

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
10/23/18
10/23
12:17
10/23/18
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
10/23/18
10/23
12:16
10/23/18
12:16
Technical Analysis
NYSE market internals summary »

Volume is above average…

03/08/13
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AEM

Agnico Eagle

$37.18

0.91 (2.51%)

12:15
10/23/18
10/23
12:15
10/23/18
12:15
Options
Agnico Eagle put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 25

    Oct

EDU

New Oriental Education

$52.96

-9.79 (-15.60%)

12:13
10/23/18
10/23
12:13
10/23/18
12:13
Downgrade
New Oriental Education rating change  »

New Oriental Education…

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  • 23

    Oct

  • 01

    Nov

  • 02

    Nov

AAPL

Apple

$217.24

-3.38 (-1.53%)

, SPOT

Spotify

$146.50

-2.01 (-1.35%)

12:12
10/23/18
10/23
12:12
10/23/18
12:12
Periodicals
Pandora executive admits to late timing of premium offering, VB says »

According to Venture…

AAPL

Apple

$217.24

-3.38 (-1.53%)

SPOT

Spotify

$146.50

-2.01 (-1.35%)

P

Pandora

$8.47

-0.12 (-1.40%)

03/08/13
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  • 01

    Nov

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