Monday, January 14, 2019
WellCare initiated at Stephens
WellCare initiated with an Overweight at Stephens. Stephens analyst Scott Fidel initiated coverage of 11 Managed Care and Healthcare Facilities stocks, telling investors that overall he is constructive on managed care and selective on hospitals. He started WellCare with an Overweight rating and $276 price target. He sees the key growth event for Medicaid in 2019 being the $6.4B North Carolina RFP contract awards in February and lists WellCare as among the companies that could win contracts.
https://thefly.com/landingPageNews.php?id=2848089
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