Standpoint Research Upgrades Coventry Health Care (CVH) to Buy

August 5, 2011 11:40 AM EDT
Get Alerts CVH Hot Sheet
Price: $49.99 --0%

Rating Summary:
    1 Buy, 14 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Standpoint Research upgraded Coventry Health Care (NYSE: CVH) to Buy with a price target of $35.00. Upside: 20.2%; dividend yield: N/A. Fwd P/E: < 9X

The firm states, "We are basically betting here that each of these names will go back to near where they were when they were downgraded (in the next 12-18 months)."

For more ratings news on Coventry Health Care click here and for the rating history of Coventry Health Care click here.

Shares of Coventry Health Care closed at $29.32 yesterday.


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