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Catamaran Corp (NASDAQ:CTRX)‘s stock had its “buy” rating reiterated by Maxim Group in a research note issued on Monday.

Separately, analysts at Cowen and Company raised their price target on shares of Catamaran Corp from $54.00 to $56.00 in a research note on Monday. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $53.33.

Catamaran Corp (NASDAQ:CTRX) traded down 2.07% during mid-day trading on Monday, hitting $43.96. The stock had a trading volume of 320,027 shares. Catamaran Corp has a one year low of $36.98 and a one year high of $58.73. The stock’s 50-day moving average is $44.24 and its 200-day moving average is $44.8. The company has a market cap of $9.118 billion and a price-to-earnings ratio of 33.01.

Catamaran Corp (NASDAQ:CTRX) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.51 by $0.03. The company had revenue of $5.40 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 57.6% on a year-over-year basis. Analysts expect that Catamaran Corp will post $2.20 EPS for the current fiscal year.

Catamaran Corporation (NASDAQ:CTRX), formerly SXC Health Solutions Corp.

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