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Centene price target raised to $99 from $95 at Argus

Argus analyst John Staszak raised the firm’s price target on Centene to $99 from $95 and keeps a Buy rating on the shares, citing recent contract wins in North Carolina, management having raised guidance for the fourth time this year, and positive earnings surprises in six of the past seven quarters. The company has grown by acquiring other health plans and services and he expects further acquisitions, Staszak added.

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Published first on TheFly

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