Centene

Oppenheimer is out with its report today on Centene (NYSE: CNC), maintaining Outperform. In a note to clients, Oppenheimer writes, "CNC's business remains on track, as the RFP pipeline remains robust and utilization continues to trend modestly. Although rate increases are likely to remain low, the...

Deutsche Bank is out with its report today on Centene (NYSE: CNC), maintaining Hold. In a note to clients, Deutsche Bank writes, "CNC held an investor day in NY to provide an update on the Medicaid market outlook and business operations. CNC now sizes the 2011-2013 business pipeline for Medicaid...

In a report released this morning, J.P. Morgan increased its estimates on Centene (NYSE: CNC). J.P. Morgan increased its 2011 EPS from $2.10 to $2.20. J.P. Morgan has also increased its Price Target from $29.00 to $38.00 following the 1Q report. Centene is currently trading at $36.62.

Deutsche Bank has issued a report on Managed Care and it's aftermath of the final MLR regulations. In the report, Deutsche Bank writes "Following many months of market anticipation, HHS has now formally certified the minimum MLR model regulation that was proposed by the NAIC. HHS accepted virtually...

Deutsche Bank published a managed care industry alert report that stated: "As indicated in the NAIC press conference held on 9/22, the draft NAIC regulation excludes from the premium calculation (for the purpose of MLR rebates) federal and state taxes, with the exception of certain items such as...

Deutsche Bank has issued an industry alert report on the Managed Care sector rate filings published by Blue Cross Blue Shield of North Carolina (BCBS-NC). This report was submitted by BCBS-NC to the NC Department of Insurance for plan effective January 1, 2011, when some of the initial health care...