Aetna (AET) Releases Quarterly Earnings, Misses Estimates By $0.02 EPS
Aetna (NYSE:AET) posted its earnings results on Thursday. The company reported $1.34 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.36 by $0.02, ARN reports. The company had revenue of $13.13 billion for the quarter, compared to the consensus estimate of $13.14 billion.
A number of research firms have recently commented on AET. Analysts at Credit Suisse upgraded shares of Aetna from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, January 9th. They now have a $83.00 price target on the stock, up previously from $69.00. On a related note, analysts at Barclays raised their price target on shares of Aetna from $75.00 to $80.00 in a research note to investors on Wednesday, January 8th. They now have an “overweight” rating on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Aetna from $71.00 to $75.00 in a research note to investors on Friday, December 13th. They now have an “outperform” rating on the stock. Five equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Aetna has an average rating of “Buy” and a consensus target price of $74.00.
Aetna Inc (NYSE:AET) is a diversified healthcare benefits company.
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