Morgan Stanley Lowers MedcoHealth Solutions Estimates

Morgan Stanley is lowering its estimates on MedcoHealth Solutions Inc. MHS. “We lowered our 2012 EPS estimate to $4.72 and our 2013 EPS estimate to $5.50 to reflect the loss of the FEP at mail contract, which covered 9.8 million mail scripts with $3 billion in revenues,” Morgan Stanley writes. MedcoHealth close Friday at $58.66.