NEW YORK (TheStreet) -- Isis Group downgraded Catamaran Corp (CTRX) after the company reported its fourth quarter on Thursday. The firm downgraded the stock to "neutral" from "buy" with a $50 price target, noting the company's profit outlook is going through a transition period.
Also See: Catamaran Issues Weak Guidance
TheStreet Ratings team rates CATAMARAN CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate CATAMARAN CORP (CTRX) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."
- You can view the full analysis from the report here: CTRX Ratings Report