UBS Lowered Its PT For Coventry Health Care To $35

Financial News Network
August 03, 2011 AT 1:10 AM
UBS lowered its price target for Coventry Health Care (NYSE:CVH) to $35 from $39 and maintained its neutral rating on the stock.Coventry Health Care has a potential upside of 24.8% based on a current price of $31.09 and an average consensus analyst price target of $38.79.Coventry Health Care is currently below its 50-day moving average (MA) of $35.29 and should find support at its 200-day MA of $30.60.