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Molina Healthcare: It Looks Worse Than It Feels, Long-Term Prognosis Improves
Thursday, August 3, 2017 - 11:48am | 440Molina Healthcare, Inc. (NYSE: MOH) shareholders were disappointed by the company’s second-quarter earnings miss that sent shares tumbling more than 8 percent Thursday morning. However, there may be a silver lining to the company’s second quarter for long-term investors. According to...
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Earnings Expectations For Cigna Are Low, Deutsche Bank Sees Upside Potential
Thursday, April 6, 2017 - 4:01pm | 370Chris Rigg of Deutsche Bank initiated coverage of CIGNA Corporation (NYSE: CI) with a Buy rating and $172 price target, partly due to the Street's low expectations which creates the scenario for upside revisions. According to Rigg, Cigna is a standout in the sector as it tailors its commercial...
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Analysts Hike UnitedHealth Estimates, Had Good Vibes At Investor Day
Wednesday, December 2, 2015 - 10:15am | 492Shares of UnitedHealth Group Inc (NYSE: UNH) have been volatile in 2015 and are up 15 percent year-to-date. Analysts tat BMO Capital Markets, Susquehenna and Stifel maintained their Outperform, Positive and Buy ratings on the company. Apart from the problems related to its ACA exchange...
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How The Street Is Reacting To The Aetna-Humana Deal
Monday, July 6, 2015 - 2:31pm | 713Aetna Inc (NYSE: AET) reached a deal early Friday morning to buy out rival health insurer Humana Inc (NYSE: HUM) for a combination of cash and stock. The $37 billion agreement valued Humana at $230 per share, 23 percent higher than its closing price on Thursday. Analysts on the Street have mixed...
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Cigna Rejects Anthem Bid...Who's Next?
Monday, June 22, 2015 - 9:36am | 401Cigna Corporation (NYSE: CI) is likely to ultimately accept a takeover bid by Anthem Inc (NYSE: ANTM), according to a couple of analysts Monday. Anthem's $47 billion cash-and-stock offer was initially rejected by Cigna on Sunday. But Susquehanna's Chris Rigg said Cigna won't...
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These 3 Rumored Managed Healthcare M&A Deals Could Create Antitrust Time Bombs
Monday, June 22, 2015 - 9:11am | 411The morning after Cigna Corporation (NYSE: CI)'s board of directors rejected a $47.5 billion takeover bid from Anthem Inc (NYSE: ANTM), Susquehanna Financial Group analyst Chris Rigg released a report focusing on the potential antitrust implications of a number of recently-rumored M&A...
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Susquehanna Comments On 'Crazy Times' In Healthcare Services
Tuesday, June 16, 2015 - 12:32pm | 367Humana Inc (NYSE: HUM) might get left standing at the end of a musical chairs merger game, according to an analyst. Human shares are up more than 16 percent in the past month on a potential take out by CIGNA Corporation (NYSE: CI) or Aetna Inc (NYSE: AET). But "we're even more...
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UPDATE: Susquehanna Raises PT on WellCare Health Plans Ahead of 3Q Results Report
Wednesday, October 9, 2013 - 9:30am | 104In a report published Wednesday, Susquehanna International Group analyst Chris Rigg reiterated a Positive rating on WellCare Health Plans (NYSE: WCG), and raised the price target from $75.00 to $83.00. In the report, Susquehanna International Group noted, “We expect the managed care group will...
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UPDATE: Susquehanna Raises PT on UnitedHealth Group Ahead of 3Q Results Report
Wednesday, October 9, 2013 - 9:30am | 102In a report published Wednesday, Susquehanna International Group analyst Chris Rigg reiterated a Positive rating on UnitedHealth Group (NYSE: UNH), and raised the price target from $81.00 to $84.00. In the report, Susquehanna International Group noted, “We expect the managed care group will post...
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UPDATE: Susquehanna Raises PT on Centene Corp. Ahead of 3Q Results Report
Wednesday, October 9, 2013 - 9:09am | 102In a report published Wednesday, Susquehanna International Group analyst Chris Rigg reiterated a Neutral rating on Centene Corp. (NYSE: CNC), and raised the price target from $55.00 to $60.00. In the report, Susquehanna International Group noted, “We expect the managed care group will post solid...
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UPDATE: Susquehanna Raises PT on CIGNA Corporation Ahead of 3Q Results Report
Wednesday, October 9, 2013 - 9:08am | 102In a report published Wednesday, Susquehanna International Group analyst Chris Rigg reiterated a Positive rating on CIGNA Corporation (NYSE: CI), and raised the price target from $88.00 to $90.00. In the report, Susquehanna International Group noted, “We expect the managed care group will post...
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UPDATE: Susquehanna Raises PT on Aetna Ahead of 3Q Results Report
Wednesday, October 9, 2013 - 9:08am | 100In a report published Wednesday, Susquehanna International Group analyst Chris Rigg reiterated a Positive rating on Aetna (NYSE: AET), and raised the price target from $74.00 to $76.00. In the report, Susquehanna International Group noted, “We expect the managed care group will post solid third...
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Universal Health Services, Inc. (UHS) Maintains Neutral Rating
Wednesday, March 31, 2010 - 3:40pm | 96Analysts A.J. Rice and Chris Rigg at Susquehanna Financial Group have released an update on Universal Health Services, Inc. (NYSE: UHS). Analysts believe that the company faces a difficult comparison in the first-quarter this year. According to analysts, the general acute business for the company...