Centene: Centene price target raised to $65 from $47 at TD Cowen

TD Cowen analyst Ryan Langston raised the firm's price target on Centene ( CNC ) to $65 from $47 and keeps a Hold rating on the shares. The firm adjusted targets in the healthcare facilities and managed care group as part of a Q2 preview. TD expects the large payors to outperform consensus estimates. Hospital fundamentals are challenged but the stock setup is "intriguing" if the results are better than feared, the analyst tells investors in a research note. TipRanks Welcomes a New ETF - NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index , a rules-based index of 50 large U.S. companies. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>>