Goldman Sachs cut its view on managed-care services provider Wellcare Health Plans Inc. (WCG, $51.05, -$2.80, -5.20%) to neutral from buy, citing a move away from downside risks to Medicare Advantage-driven earnings.
WellCare Health Plans, Inc. (NYSE: WCG) entered into an agreement with Take Care Health Systems, a subsidiary of Walgreens (NYSE, Nasdaq: WAG), to offer its Medicare Advantage members access to the Take Care Clinics located at select Walgreens ...
TAMPA, Fla. (May 16, 2013) - WellCare Health Plans, Inc. (NYSE: WCG) will hold its 2013 Annual Meeting of Stockholders on Wednesday, May 22, 2013, at 10:00 a.m.
TAMPA, Fla. (May 14, 2013) - WellCare Health Plans, Inc. (NYSE: WCG) today announced that it has donated $10,000 to PARC, a nonprofit agency that serves individuals with developmental disabilities.
WellCare Health Plans, Inc. (NYSE: WCG) announced that effective today its board of directors has elected David J. Gallitano as chairman of the board succeeding Charles G. Berg.
Goldman Sachs downgraded WellCare Health Plans (NYSE: WCG) from Buy to Neutral with a price target of $60.00 (from $65.00) citing downside risk to Medicare Advantage (MA)-driven earnings, which is about one-third of the company's earnings.
By Russ Britt. A downgrade from Goldman Sachs took a bite out of the shares of WellCare Health Plans Inc. Tuesday. The stock was down nearly 5% at $51.46.
The 10-second takeaway. For the quarter ended March 31 (Q1), WellCare Health Plans beat expectations on revenues and missed estimates on earnings per share.
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