Managed Health Care

Molina Healthcare Guides FY2011 EPS $2.20 vs. $2.25 Estimate (NYSE: MOH)

Molina Healthcare (NYSE: MOH) Reports Q1 EPS of $0.56 vs. $0.46 Estimate; Revenue $1.1B vs. $1.14B Estimate

At 10am EST on Monday, the NAHB Housing Market Index for April will be released. A Briefing.com survey expects an index reading of 17. For equities, Citigroup Inc. (NYSE: C), Eli Lilly & Co. (NYSE: LLY), Gannett Co. Inc. (NYSE: GCI), Halliburton Co. (NYSE: HAL), Molina Healthcare (...

Centene Corporation (NYSE: CNC) today announced that Celtic Group's subsidiary, CeltiCare Health Plan of Massachusetts, has renewed its contract with the Commonwealth of Massachusetts to serve Commonwealth Care members, effective July 1, 2011. CeltiCare will continue to be a lowest-cost health...

Humana (NYSE: HUM) has hit a 52-week high in today's trading. At last check, the year-to-date performance of Humana is a gain of 30.3%.

Wedbush, which raised its PT on shares of Molina Healthcare Inc. (NYSE: MOH), is providing some color on the stock. “We are raising our 1Q11 estimate to $0.56 from $0.54 and our 2011 estimate to $2.41 from $2.40,” Wedbush writes. “Risks to the attainment of our price target include high exposure...

Wedbush, which raised its PT on shares of Unitedhealth Group, Inc. (NYSE: UNH), is providing some color on the stock. “We are raising our 2011 estimate to $3.86 from $3.83 and our 1Q11 estimate to $0.86 from $0.82,” Wedbush writes. “Our price target of $51 represents a 13.2x multiple of our 2011...

Wedbush has raised its price target from $71 to $79 on Humana Inc. (NYSE: HUM) and reiterates its Outperform rating. In the report, Wedbush writes, “Our Increased Estimates Are Based on Updated MA and PDP Enrollment Data That Exceeded our Expectations. We also continue to believe that utilization...

Wedbush has raised its price target on Aetna Inc. (NYSE: AET) from $41 to $42 based upon belief that utilization trends will remain moderate in 1Q11. Wedbush also maintains its Neutral rating on the stock. Wedbush writes, in the report, “We believe the increasing clarity on the impact of...

Wedbush Securities has raised the price target on Molina Healthcare (NYSE: MOH) from $38 to $45 and maintains its Outperform rating.

Wedbush Securities has raised the price target on Unitedhealth Group (NYSE: UNH) from $48 to $51 and maintains its Outperform rating.

Wedbush is raising its price target on Amerigroup Corp. (NYSE: AGP) from $64 to $71 and is maintaining its Outperform rating. In the report, Wedbush states, “Our Increased Estimates Reflect our Belief That Utilization and Flu Trends Remain Moderate. We also see potential upside from updated...

Wedbush has announced that it is raising its price target on CIGNA Corp. (NYSE: CI) from $47 to $48. Wedbush maintains its Neutral rating on the stock. In the report, Wedbush writes, “Our Increased Estimates Reflect our Belief that Utilization and Flu Trends Remain Moderate. We also see potential...

Wedbush has announced that it is raising its price target on CIGNA Corp. (NYSE: CI) from $47 to $48. Wedbush maintains its Neutral rating on the stock. In the report, Wedbush writes, “Our Increased Estimates Reflect our Belief that Utilization and Flu Trends Remain Moderate. We also see potential...

Wedbush is maintaining its WellCare Health Plans (NYSE: WCG) 2011 estimate of $2.73 and its 2012 estimate of $3.18 but has lowered its 1Q11 estimate to $0.17 from $0.22. “We have adjusted the seasonality of our estimates to reflect current enrollment mixes in several markets and an updated view of...