Jefferies analyst on Monday to lift his rating and price target for Express Scripts, says membership registration and contract loss uncertainty has gone.
Brian Tanquilut said, Express Scripts holding company in the first quarter of strong a customer report suggested that the beneficiary admissions is stable. St. Louis company reported late last month, its quarterly profit rose 39% year-on-year, compared with a year earlier, to acquiring rival Medco health solutions, cost, damage the pharmacy benefits management, performance. Express Scripts also increased its full-year earnings forecast.
Now, "the analysts wrote:" improve the contracting visibility was founded in 2013 and 2013 had a good member of baseline, we believe that significant downside risk has eased, the stock market should start rising gradually.
Tanquilut raised Express Scripts rating from "hold" to "buy", and raise its price target from $56 to $74.
A representative of the Express Scripts did not immediately respond to a comment on E-mail.



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