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Enter Symbol:
 
Wellcare Group (WCG) [hlAlert]

Rating:
Outperform
WCG
up 37.18 %

Wellcare Group (WCG) rated Outperform by Wells Fargo

Posted on: Wednesday,  Aug 7, 2013  9:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Wellcare Group (NYSE: WCG) on 08/07/2013, when the stock price was $65.08. Since
then, Wellcare Group has gained 37.19% as of 01/21/2016's recent price of $89.28.
If you would have followed this Wells Fargo's recommendation on WCG, you would have gained 37.18% of your investment in 897 days.

WellCare Health Plans, Inc. (WellCare) provides managed care services to government-sponsored healthcare programs, focusing on Medicaid and Medicare. The Company offers prescription drug plans (PDP) and health plans for families, children, the aged, blind and disabled. As of December 31, 2008, WellCare served approximately 2.5 million members. Through its subsidiaries, as of December 31, 2008, the Company operated its Medicaid health plans in Florida, New York, Illinois, Missouri, Georgia and Ohio, and its Medicare Advantage coordinated care plans (CCPs) in Florida, New York, Connecticut, Illinois, Indiana, Louisiana, Missouri, New Jersey, Ohio, Georgia and Texas. As of December 31, 2008, it operated Medicare PDP in all 50 states and the District of Columbia, and offered Medicare Advantage private fee-for-service (PFFS) plans to Medicare beneficiaries in approximately 1,590 counties and 43 states and the District of Columbia. WellCare operates in two segments: Medicaid and Medicare.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/7/2013 9:25 AM Buy
None
65.08
as of 12/13/2013
1 Week down  -6.29 %
1 Month up  1.28 %
3 Months down  -0.62 %
1 YTD up  5.00 %

(*) Stock Price at the time of the recommendation.
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