Cowen & Company Downgrades Catamaran To Market Perform

Analysts at Cowen & Company downgraded Catamaran Corporation (NASDAQ: CTRX) from Outperform to Market Perform.

The price target for Catamaran has been raised from $57.00 to $61.50.

Catamaran shares have gained 31.90% over the past 52 weeks, while the S&P 500 index has surged 11.42% in the same period.

Catamaran's shares fell 0.15% to $59.74 in after-hours trading.