UPDATE: Deutsche Bank Color on Managed Care PT Adjustments

Deutsche Bank, which adjusted its price targets on several managed care corporations, including Aetna Inc. AET, is providing some commentary on the sector. “The managed care 2Q earnings season should reflect a continuation of the positive trends that drove over 30% average EPS growth for the group in the first quarter,” Deutsche Bank writes. “Investors now fully expect that the MCOs should generate strong 2Q results since health care utilization trends remained subdued throughout the quarter. We once again raise estimates and price targets on a number of MCOs based on favorable sector fundamentals and recently announced M&A activity.” Aetna closed Wednesday at $43.39.