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Enter Symbol:
 
UNIVERSAL AMERICAN (UAM) [hlAlert]

Rating:
Sector Outperform
UAM
down 70.30 %

UNIVERSAL AMERICAN (UAM) rated Sector Outperform with price target $29 by CIBC Wrld Mkts

Posted on: Tuesday,  Jan 8, 2008  8:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Outperform UNIVERSAL AMERICAN (NYSE: UAM) on 01/08/2008, when the stock price was $24.11.
Since then, UNIVERSAL AMERICAN has lost 70.30% as of 01/11/2016's recent price of $7.16.
If you would have followed this CIBC Wrld Mkts's recommendation on UAM, you would have lost 70.3% of your investment in 2925 days.

Universal American Corp. (Universal American) offers a range of health insurance and managed care products and services, primarily to the senior population. The Company's principal health insurance products for the senior market are Medicare Advantage, insured stand-alone prescription drug benefit plans pursuant to Medicare Part D, and Medicare supplement. Universal American also provides administrative services for senior market insurance and non-insurance programs to both affiliated and unaffiliated insurance companies and prescription benefit management (PBM) services to 17 state pharmacy assistance programs (SPAPs), and offers PBM services and drug discount card programs through a number of group contracts. Collectively, the Company's insurance subsidiaries are licensed or otherwise authorized to sell health insurance, life insurance and annuities in all 50 states, the District of Columbia, and Puerto Rico, as well as some United States territories.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2008 8:25 AM Buy
None
24.11 29.00
as of 12/24/2008
1 Week down  -1.90 %
1 Month up  6.06 %
3 Months up  0.21 %
1 YTD down  -23.38 %

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