Catamaran shares now pricing in aggressive estimates, says Jefferies Jefferies believes aggressive 2015 consensus earnings expectations are now adequately reflected in shares of Catamaran following the recent pullback. The firm continues to believe M&A will be a driver of shares in the near-term and that an upside-driving deal announcement is imminent. It keeps a Buy rating on Catamaran with a $58 price target.
Catamaran risk/reward compelling after pullback, says FBR Capital FBR Capital attributes yesterday's weakness in shares of Catamaran to concerns from the consultant community regarding service issues and competition. The firm says its not aware of any "widespread" evidence pointing to performance issues at the company. It views the risk/reward scenario on shares of Catamaran as compelling and maintains an Outperform rating on the name.