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Ahead of the Bell: WellPoint upgraded to ‘Buy’
San Francisco Chronicle - The Associated Press

A Stifel Nicolaus analyst upgraded shares of WellPoint Inc. Tuesday, saying the stock will rise about 20 percent this year as the health insurer beats expectations and investors take a more optimistic view of the industry. Thomas Carroll raised his rating on WellPoint shares to “Buy” from “Hold.” He expects health insurer stocks to advance in 2010, now that investors understand what health care overhaul would mean for the business.