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Morgan Stanley Upgrades Cigna On Humira Prospects
Wednesday, June 22, 2022 - 1:50pm | 280Cigna Corp (NYSE: CI) is poised to benefit from the launch of bioequivalent Humira in July 2023, according to Morgan Stanley. The Cigna Analyst: Ricky Goldwasser upgraded the rating for Cigna from Equal-Weight to Overweight, while raising the price target from $283 to $296. The Cigna Thesis: The...
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Diplomat Pharmacy Analysts Weigh Takeout Scenarios, Valuation After Going Concern Warning
Wednesday, November 13, 2019 - 5:25pm | 595Diplomat Pharmacy Inc (NYSE: DPLO) cautioned investors on Tuesday that it has "substantial doubts" related to its ability to continue functioning as a business. Some analysts aren't ready to throw in the towel just yet — and see upside after Tuesday's all-time lows...
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Morgan Stanley: Buy The Dip In Livongo Health
Wednesday, August 28, 2019 - 2:23pm | 404Shares of Livongo Health Inc (NASDAQ: LVGO) have lost nearly 20% since its late July IPO, and investors should take advantage of the discount valuation, according to Morgan Stanley. The Analyst Ricky Goldwasser upgraded Livongo Health from Equal-weight to Overweight with an unchanged $42 price...
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Sell-Side Mixed On Surging Livongo Health
Monday, August 19, 2019 - 12:31pm | 594Livongo Health Inc (NASDAQ: LVGO) shares have bumped up more than 30% since the company went public at the end of July, raising interest in the digital health platform company. But analysts’ opinions were mixed as two firms started coverage on Monday. The Analysts KeyBanc Capital Market's...
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CVS Turnaround Plan May Be 'Good Enough,' But Timeline Is The Question
Wednesday, June 5, 2019 - 3:27pm | 651CVS Health Corp (NYSE: CVS) laid out its ideas for growing earnings growth from the low single digits expected next year, giving analysts a look at a plan that includes a turnaround in its retail long-term care business, growth at its acquired health insurer Aetna and faster-than-expected ramp up...
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Analysts React To The Walgreens Q2 Earnings Miss
Wednesday, April 3, 2019 - 12:32pm | 820Walgreens Boots Alliance Inc (NASDAQ: WBA) on Tuesday reported fiscal second-quarter results that fell short of expectations in what management described as the "most difficult" quarter since late 2014. Here is a summary of how some of the Street's top analysts reacted to the print....
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Analysts React To Diplomat Pharmacy's Q4 Earnings, Concerning Guidance
Monday, March 18, 2019 - 3:18pm | 530Diplomat Pharmacy Inc (NYSE: DPLO) on Friday reported its previously delayed fourth-quarter earnings miss and concerning guidance, which sent the stock tumbling nearly 14 percent. The Analysts Mizuho Securities' Ann Hynes maintains a Neutral rating on Diplomat Pharmacy with a price target...
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Labs Are 'Relative Safe Havens' In Health Care Services, Morgan Stanley Says In Quest Diagnostics Upgrade
Tuesday, May 29, 2018 - 11:34am | 448Barely a month-and-a-half after upgrading Quest Diagnostics Inc (NYSE: DGX) to Equal-weight, Morgan Stanley turned incrementally positive on the shares. The Analyst Analyst Ricky Goldwasser upgraded shares of Quest Diagnostics from Equal-weight to Overweight and increased the price target...
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Core Growth At Inovalon Slackening, Morgan Stanley Says In Downgrade
Wednesday, March 14, 2018 - 3:13pm | 332Inovalon Holdings Inc (NASDAQ: INOV), a technology company providing cloud-based platforms to the health care industry, is beset by client losses, ACA headwinds and pricing concerns, an analyst at Morgan Stanley said. The Analyst Morgan Stanley's Ricky Goldwasser downgraded Inovalon from...
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Aetna Acquisition Puts CVS Growth Prospects Back In Good Health
Friday, January 5, 2018 - 10:05am | 411CVS Health Corp (NYSE: CVS)'s proposed acquisition of Aetna Inc (NYSE: AET) is reason enough for at least one Wall Street analyst to turn bullish. The Analyst Morgan Stanley's Ricky Goldwasser upgraded CVS' stock from Equal-weight to Overweight with a price target boosted from $...
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Among Its Peers, Cardinal Health Could Be The Most Exposed To 'Amazon Risk'
Monday, November 20, 2017 - 12:44pm | 454Amazon.com, Inc. (NASDAQ: AMZN) poses an existential threat to a host of retailers, and even to companies outside the retail arena. Drug distributor Cardinal Health Inc (NYSE: CAH) could be one among them, according to Morgan Stanley. The Analyst Morgan Stanley analyst Ricky...
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Impending Headwinds Blow Walgreens Rating Down To Equal-Weight
Friday, October 6, 2017 - 11:56am | 351The bullish case for owning Walgreens Boots Alliance Inc (NASDAQ: WBA) has come to an end, says analysts at Morgan Stanley. The firm's Ricky Goldwasser downgrades Walgreens Boots' stock rating from Overweight to Equal-Weight with a price target lowered from $95 to $85. Walgreens is expected to...
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Industry-Wide Changes Catch Up To Athenahealth Sooner Than Expected
Wednesday, October 26, 2016 - 2:13pm | 273Morgan Stanley downgraded Athenahealth, Inc (NASDAQ: ATHN) to Equal-Weight from Overweight as the company’s transition to value-based system is weighing on bookings and revenue growth. Amid declining government subsidies and reimbursement pressures, Athena is shifting its focus to develop...
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Morgan Stanley Expects 'Above-Market Organic Growth' For Patheon, Initiates At Overweight
Monday, August 15, 2016 - 9:45am | 411Patheon NV (NYSE: PTHN) is positioned for above-market organic growth with an end-to-end service contract manufacturing (CMO) model, according to a note from Morgan Stanley that initiated coverage of the stock with an Overweight rating and price target of $31. "High operating leverage can drive ~...
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Morgan Stanley Downgrades Express Scripts To Underweight, Sees Greater Long-Term Pressure
Monday, June 20, 2016 - 3:24pm | 180Morgan Stanley analyst Ricky Goldwasser downgraded Express Scripts Holding Company (NASDAQ: ESRX) from Equal-weight to Underweight on Monday. Despite the downgrade to the equivalent of a sell rating, the analyst boosted his price target on the stock from $67 to $70. Goldwasser is concerned with...