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Centene (CNC) Looks Good: Stock Adds 5.3% in Session
Centene Corporation (CNC - Free Report) was a big mover last session, as the company saw its shares rise above 5% on the day. The upside was driven by the company’s better-than-expected earnings and revenues. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $61.68 to $64.72 in the past one-month time frame.
In the last 30 days, the company has seen one upward estimate revision and the Zacks Consensus Estimate moved higher, suggesting that more solid trading could be ahead for Centene. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Centene currently carries a Zacks Rank #4 (Sell).
Centene Corporation Price
Centene Corporation Price | Centene Corporation Quote
A better-ranked Medical-HMO stock is WellCare Health Plans, Inc. , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CNC going up? Or down? Predict to see what others think: Up or Down
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