UPDATE: Leerink Swann Initiates Coverage on WellCare Health Plans as Valuation Remains Compelling and Points to Multiple Expansion
November 19, 2013 at 10:10 AM EST
In a report published Tuesday, Leerink Swann analyst Ana Gupte initiated coverage on WellCare Health Plans (NYSE: WCG ) with a Market Perform rating and $72.00 price target. In the report, Leerink Swann noted, “We are initiating coverage on 9 companies within US Managed Care. We expect upside to 2014E