UPDATE: Deutsche Bank Reiterates Magellan Health Services at Buy Following Contract Loss
Posted on December 31, 2012 at 13:11 PM EST
Deutsche Bank reiterated Magellan Health Services (NASDAQ: MGLN ) at Buy with a $61 price target. Deutsche Bank noted, "MGLN disclosed in an 8-K today that a large Commercial health plan customer has notified the company that it will not renew its existing contract beyond the current term, which