UBS Raises Centene Price Target To $79 Given Growth Prospects


UBS analyst A.J. Rice reiterates a ‘Buy’ rating on Centene Corporation (CNC), raises PT from $73 to $79.

“Our PT assumes shares trade at 18x our 2015 EPS estimate, which we believe is possible given the additional growth opptys discussed by management at CNC investor day”, says Rice.

CNC Chart

 

 

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