Bernstein Initiates Coverage on Express Scripts Holding Company to Underperform

Bernstein Initiates Coverage on Express Scripts Holding Company(NASDAQ:ESRX). The shares have been rated Underperform. The rating by Bernstein was issued on Jun 16, 2016.

In a different note, On Jun 7, 2016, Bank of America said it Reinstates its rating on Express Scripts Holding Company. The shares have been rated ‘Neutral’ by the firm. On Apr 26, 2016, Credit Suisse said it Maintains its rating on Express Scripts Holding Company. In the research note, the firm Raises the price-target to $83.00 per share. The shares have been rated ‘Outperform’ by the firm. On Apr 4, 2016, Cowen & Company said it Upgrades its rating on Express Scripts Holding Company. In the research note, the firm Raises the price-target to $76.00 per share. The shares have been rated ‘Outperform’ by the firm. On Mar 23, 2016, Leerink Swann said it Maintains its rating on Express Scripts Holding Company. In the research note, the firm Lowers the price-target to $80.00 per share. The shares have been rated ‘Market Perform’ by the firm.

Express Scripts Holding Company (ESRX) made into the market gainers list on Tuesdays trading session with the shares advancing 0.82% or 0.61 points. Due to strong positive momentum, the stock ended at $74.75, which is also near the day’s high of $74.96. The stock began the session at $74.43 and the volume stood at 38,40,117 shares. The 52-week high of the shares is $94.61 and the 52 week low is $65.55. The company has a current market capitalization of $47,282 M and it has 63,25,36,000 shares in outstanding.

Express Scripts Holding Company(ESRX) last announced its earnings results on Apr 25, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $24.79B. Analysts had an estimated revenue of $25.20B. Earnings per share were $1.22. Analysts had estimated an EPS of $1.22.

Several Insider Transactions has been reported to the SEC. On May 11, 2016, Everett Neville (Senior VP, Supply Chain) sold 800 shares at $74.11 per share price.Also, On May 3, 2016, Mahon Thomas P Mac (director) sold 5,482 shares at $73.93 per share price.On Mar 11, 2016, Christopher A Mcginnis (VP, Controller & Ch. Acct. Off) sold 579 shares at $68.56 per share price, according to the Form-4 filing with the securities and exchange commission.

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