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Stock Market & Financial Investment News

News Breaks
August 20, 2014
08:31 EDTCTSH, HNTCognizant deal with Health Net has encouraging read through, says Cowen
Cowen noted Cognizant (CTSH) shareholders were concerned over its deal with Health Net (HNT) but noted management feels the deal is a true partnership. The firm feels management's positive comments are encouraging and address the execution and profitability concerns of shareholders. Shares of Cognizant are Outperform rated with a $50 price target.
News For CTSH;HNT From The Last 14 Days
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October 27, 2014
08:43 EDTHNTHealth Net sell-off a buying opportunity, says Susquehanna
Susquehanna said the recent sell-off in Health Net is a buying opportunity as the firm believes 2015 estimates remain very achievable even if California enrollments track 50% below consensus expectations. Susquehanna reiterates its Positive rating and $60 price target on Health Net shares.
October 24, 2014
13:52 EDTCTSHSS&C Technologies, Cognizant mentioned as long ideas by Adrangi, Bloomberg says
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10:03 EDTHNTOn The Fly: Analyst Downgrade Summary
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07:00 EDTHNTHealth Net downgraded to Sell from Buy at Citigroup
Citigroup downgraded Health Net two notches to Sell from Buy citing the stock's 60% year-to-date rally and its belief that 2015 consensus estimates are too high. Citi thinks the company's dual enrollment in California is tracking well short of projections. It raised its price target for shares to $42 from $35.

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