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For managed-care industry, next two weeks could be telling, June 9, 2008
The beginning of June could be telling for managed-care stocks, as many insurers close their books on May results and make presentations at a major healthcare industry investor conference, analysts say. Valuations for the group "should improve as the market becomes more comfortable that fundamentals are not deteriorating," according to Oppenheimer & Co. Managed-care companies should have a good idea of how the second quarter looks by the time of the Goldman Sachs healtcare conference, said Oppenheimer representatives.