UPDATE: Credit Suisse Upgrades WellCare Health Plans as Shares are Poised to Rebound

In a report published Thursday, Credit Suisse analyst Chris Carter upgraded the rating on WellCare Health Plans (NYSE: WCG ) from Neutral to Outperform, but lowered the price target from $77.00 to $70.00. In the report, Credit Suisse noted, “We are upgrading shares of WCG to Outperform (from Neutral) as