Oppenheimer Upgrades Centene Corporation To Outperform

Oppenheimer is upgrading Centene Corporation CNC to Outperform from Underperform and updating its 2010 and 2011 EPS estimates to $1.82 and $2.01 from $1.80 and $2.00, respectively. It is also increasing its price target to $28 from $18. CNC is trading higher at $22.24