Market Overview

Cantor Fitzgerald Reiterates Hold Rating, $29 PT for Centene

Share:
Related CNC
Benzinga's Top Upgrades
UBS Downgrades Molina Healthcare Following Q1 Miss
An ObamaCare Premium Hike As Big As Texas: 58% (Investor's Business Daily)

In a report published earlier today, Cantor Fitzgerald L.P. reiterated its Hold rating and $29.00 price target for Centene Corp. (NYSE: CNC).

Cantor Fitzgerald went on to say “Centene's earnings shortfall is a big psychological blow to the Medicaid names, which have surged on the expectation that the increased application of managed care to complex cases will boost the sector's business, but earnings have lagged. This raises concern about its ability to capitalize on the industry's growth in other new and larger markets.”

Centene Corp. closed yesterday at $28.20.

Latest Ratings for CNC

DateFirmActionFromTo
May 2016Stifel NicolausUpgradesHoldBuy
Apr 2016Cowen & CompanyInitiates Coverage onOutperform
Feb 2016BarclaysMaintainsEqual-weight

View More Analyst Ratings for CNC
View the Latest Analyst Ratings

Posted-In: Cantor FitzgeraldAnalyst Color Reiteration Analyst Ratings

 

Related Articles (CNC)

View Comments and Join the Discussion!