WellPoint

Wedbush is out with its report today on WellPoint (NYSE: WLP), raising its PT from $80 to $83. In a note to clients, Wedbush writes, "Our new price target of $83, which represents 11x our new estimate of $7.55, reflects a better earnings outlook. We believe multi-line managed care plans will see a...

Citi is out with its report today on WellPoint (NYSE: WLP), maintaining Buy. In a note to clients, Citi writes, "We rate the shares WellPoint Buy / Low Risk. WellPoint guidance assumes that medical cost trends returned to normal on April 1, while the inpatient admissions survey data from our...

Morgan Stanley has modified its earnings per share forecast for WellPoint (NYSE: WLP) upwards. In today's research report, Morgan Stanley stressed that “We are raising our WLP EPS forecasts for 2011/ 2012/2013 by 7-8%, from $6.60/$7.40/$8.20 to $7.10/ $7.90/$8.75.” Morgan Stanley also stressed...

Deutsche Bank is out with its report today on WellPoint (NYSE: WLP), reaffirming Buy. In a note to clients, Deutsche Bank writes, "WLP boosted its 2011 EPS guidance to 'at least $6.60' excluding net investment gains of $0.10, up 5% from the prior view of 'at least $6.30'. We reaffirm our BUY...

Oppenheimer is raising its PT on shares of WellPoint Inc. (NYSE: WLP) from $65 to $83. Oppenheimer is also reiterating its Outperform rating on the stock, which currently trades at $68.87.

Deutsche Bank has raised the price target on WellPoint (NYSE: WLP) from $76 to $80 and maintains its Buy rating.

Jefferies is raising its PT on WellPoint Inc. (NYSE: WLP) to $76 from $72. WellPoint closed Friday at $65.25.

Credit Suisse is reiterating its Outperform rating on WellPoint, Inc. (NYSE: WLP) and finds the stock attractive at 9.4x its '11E EPS vs. 9.8x average for the group. “Our $74 DCF-derived PT is +19% upside on 12th January's close,” Credit Suisse writes. “The next catalyst will be 4Q10 earnings on...

WellPoint, Inc. (NYSE: WLP) issued an 8-K on 12/7 disclosing that it expects to record a benefit to EPS in 4Q due to a change in its estimated margin for adverse deviation included in its medical claims payable balance, Deutsche Bank reports. “Historically, WLP would include a margin for adverse...

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...

Stifel Financial announced today that it has downgraded shares of WellPoint Inc. (NYSE: WLP) and UnitedHealth Group, Inc. (NYSE: UNH) – both were previously rated Buy. They have now received a Hold rating. WellPoint Inc. currently trades at $57.04; UnitedHealth Group, Inc. trades at $36.12.

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...

Shares of WellPoint, Inc. (NYSE: WLP) have fallen nearly 5% after the health insurance company canceled its investor day as Congress looks into the company's plan to raise the insurance rates of hundreds of thousands of Californians by as much as 39%. WellPoint said that the House Energy and...