Cantor Fitzgerald initiates its coverage on WellPoint WLP with a Hold rating and a price target of $75.
Cantor Fitzgerald comments, "WellPoint has scale, a national presence and a leading brand name, but it is less diversified and more exposed to the risk market than other national players. We believe the company could be a much more significant Medicare player, and that could be the key to faster earnings growth in the future."
WLP closed at $71.88 on Tuesday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in