Market Overview

Cantor Fitzgerald Reiterates Hold Rating, $29 PT for Centene

Share:
Related CNC
Mid-Day Market Update: US Stocks Down; Xoom Shares Jump On Acquisition News
Thursday's Mid-Day Movers: Real Good Solar, Xoom, ConforMIS, Health Net And More
Consolidation Fever Spotted In Centene-Health Net Deal (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
Jun 2015OppenheimerMaintainsOutperform
Jun 2015BarclaysMaintainsOverweight
Jun 2015JefferiesMaintainsHold

View More Analyst Ratings for CNC
View the Latest Analyst Ratings

Posted-In: Cantor FitzgeraldAnalyst Color Reiteration Analyst Ratings

 

Related Articles (CNC)

Around the Web, We're Loving...

Get Benzinga's Newsletters