Fly News Breaks for March 4, 2015
CTRX
Mar 4, 2015 | 07:17 EDT
FBR Capital says shares of Catamaran look attractive following the recent sell-off. It notes the company last week disclosed a Midwest-based PBM client loss, as well as the WellCare Group loss, when reporting Q4 results. FBR is not too concerned about the PBM client loss and thinks the Wellcare loss will have little financial impact. It keeps an Outperform rating on Catamaran with a $55 price target.
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