Jefferies: Expect MHS To Trade Flat Or Down

Medco Health Solutions MHS posted an in-line Q4 and did not raise guidance, Jefferies reports. “Expect stock to trade flat or down on this news,” Jefferies writes. “MHS reported in-line adjusted 4Q10 EPS of $0.94 on revenues of $16.9B, EBITDA of $786.7MM and EBITDA/adjusted claim of $3.22 (vs. consensus of $3.26).” Medco Health Solutions currently trades at $38.48.