Coventry Health Care Jumping On Upgrades (CVH)

Coventry Health Care Inc.

is up sharply this afteroon on strong volume, as the company received a flurry of price target increases, and upgrades after it reported better than expected earnings on Friday. Wells Fargo and Bernstein upgraded the health care company to outperform from market perform, with Wells Fargo increasing its price target area to $31 to $34. Goldman Sachs also raised its price target to $26 from $25. At last check, shares were up $1.59 to $26.46, a gain of over 6%. Coventry Health Care, Inc. operates as a managed healthcare company in the United States.