WellPoint (WLP -1.4%) dips after Morgan Stanley cut the shares to Equal-Weight this morning. The...


WellPoint (WLP -1.4%) dips after Morgan Stanley cut the shares to Equal-Weight this morning. The firm says it's facing more pressure from an unfavorable mix of commercial health-insurance prices and medical costs, and its "risk-reward looks less compelling" than that of its peers. WLP cut FY12 guidance last month due to waning membership, and Morgan sees that that trend continuing over the second half as well.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs