Analyst: Political momentum favors HealthSpring [1]
[2]BMO Capital Markets Dave Shove has raised his rating on shares of HealthSpring (Ticker: HS [3]) to 'market perform' from 'underperform' and hiked his price target to $32 from $20. Setting aside the call's significance given HealthSpring's 55 percent year-to-date rise, what's interesting about the call is the Shove sees Washington's winds turning in the Medicare Advantage insurer [4]. Alongside margin expansion, that sets the stage for a pretty powerful 2011.
- Area Stocks [5]
- Health Care [6]
- BMO Capital Markets [7]
- HealthSpring Inc. [8]
- analyst actions [9]
- Dave Shove [10]
- legislative issues [11]
- health insurance [12]
- medicare advantage [13]