(Reuters) - Based on the contract award, JP Morgan analyst Lisa Gill raised her forecast for 2008 Medco earnings to $4.20 per share from $4.08. Gill, who has an "overweight" rating on the stock, also boosted her six-month share-price target to $88 from a February target of $80.
Medco shares were up $2.17, or 2.8 percent, at $79.26 in morning New York Stock Exchange trade after climbing as high as $80.90 early in the session.
Read more at Reuters.com Hot Stocks News
Medco shares were up $2.17, or 2.8 percent, at $79.26 in morning New York Stock Exchange trade after climbing as high as $80.90 early in the session.
Read more at Reuters.com Hot Stocks News
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