Jefferies Maintains Hold on Aetna
Jefferies is out with its report today on Aetna (NYSE: AET), maintaining Hold.
In a note to clients, Jefferies writes, "AET made two announcements yesterday: 1) CMS lifted marketing and enrollment sanctions on MA and PDP; and 2) AET acquired Genworth's Medicare Supplement business. Both releases are positive, but the former was announced after the market closed (M&A deal was disclosed before the market opened) and should have more meaningful implications for investors."
Jefferies maintains a $50 PT on AET.
Shares of AET closed Monday at $42.75, down 0.26% from Friday's close.
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